Botswana Diamonds (LON:BOD) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Botswana Diamonds plc (LON:BOD) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.16 ($0.00) and traded as low as GBX 0.16 ($0.00). Botswana Diamonds shares last traded at GBX 0.16 ($0.00), with a volume of 1,035,903 shares trading hands.

Botswana Diamonds Price Performance

The firm has a market capitalization of £1.86 million, a price-to-earnings ratio of -3.08 and a beta of 0.80. The firm’s 50-day simple moving average is GBX 0.11 and its 200 day simple moving average is GBX 0.16.

Botswana Diamonds (LON:BOD) last announced its quarterly earnings data on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) EPS 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.