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

Botswana Diamonds plc (LON:BODGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.31 ($0.00) and traded as low as GBX 0.21 ($0.00). Botswana Diamonds shares last traded at GBX 0.23 ($0.00), with a volume of 1,830,838 shares changing hands.

Botswana Diamonds Trading Up 11.4 %

The stock’s 50 day moving average price is GBX 0.26 and its two-hundred day moving average price is GBX 0.31. The firm has a market capitalization of £2.70 million, a price-to-earnings ratio of -11.00 and a beta of 0.80.

About Botswana Diamonds

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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.

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