Borders & Southern Petroleum plc (LON:BOR) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.88 and traded as high as $1.37. Borders & Southern Petroleum shares last traded at $1.52, with a volume of 9,838 shares changing hands.
The firm’s 50-day moving average price is GBX 1.48 and its 200-day moving average price is GBX 1.88. The stock has a market capitalization of $7.33 million and a PE ratio of -3.79.
About Borders & Southern Petroleum (LON:BOR)
Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. It is involved in the exploration and appraisal of hydrocarbons. The company holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers in the Falkland Islands.
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