Borders & Southern Petroleum (LON:BOR) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.03 ($0.04) and traded as high as GBX 5.20 ($0.07). Borders & Southern Petroleum shares last traded at GBX 4.80 ($0.06), with a volume of 2,141,570 shares.

Borders & Southern Petroleum Trading Down 2.0 %

The firm has a market capitalization of £50.44 million, a P/E ratio of -40.88 and a beta of -0.41. The business has a 50-day moving average of GBX 4.89 and a 200 day moving average of GBX 3.03.

About Borders & Southern Petroleum

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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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