Borders & Southern Petroleum (LON:BOR) Shares Down 7.9% – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares were down 7.9% on Friday . The stock traded as low as GBX 6.29 ($0.08) and last traded at GBX 6.45 ($0.09). Approximately 7,561,720 shares traded hands during mid-day trading, an increase of 179% from the average daily volume of 2,706,379 shares. The stock had previously closed at GBX 7 ($0.09).

Borders & Southern Petroleum Price Performance

The firm has a market capitalization of £67.82 million, a P/E ratio of -54.96 and a beta of -0.41. The company’s 50-day simple moving average is GBX 4.97 and its two-hundred day simple moving average is GBX 3.86.

Borders & Southern Petroleum Company Profile

(Get Free Report)

Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. The company is involved in the exploration and appraisal of hydrocarbons. It holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers located approximately 150 kilometers south-east of the Falkland Islands.

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