Botswana Diamonds (LON:BOD) Shares Cross Below 200-Day Moving Average – Here’s Why

Botswana Diamonds plc (LON:BOD)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.27 and traded as low as GBX 0.27. Botswana Diamonds shares last traded at GBX 0.28, with a volume of 1,238,919 shares changing hands.

Botswana Diamonds Stock Up 1.8%

The firm’s 50-day moving average is GBX 0.25 and its 200-day moving average is GBX 0.27. The company has a market capitalization of £3.35 million, a PE ratio of -5.60 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last released its quarterly earnings results on Friday, December 12th. The company reported GBX (0.09) earnings per share for the quarter. Botswana Diamonds had a negative net margin of 2,389.67% and a negative return on equity of 10.66%.

Botswana Diamonds Company Profile

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.