Borders & Southern Petroleum (LON:BOR) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.83 and traded as high as GBX 10.85. Borders & Southern Petroleum shares last traded at GBX 10.55, with a volume of 853,960 shares trading hands.

Borders & Southern Petroleum Stock Up 1.4%

The stock has a 50-day simple moving average of GBX 12 and a two-hundred day simple moving average of GBX 10.83. The firm has a market cap of £94.34 million, a PE ratio of -66.88 and a beta of 1.04.

About Borders & Southern Petroleum

(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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.

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