Borders & Southern Petroleum (LON:BOR) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.92 and traded as high as GBX 12.50. Borders & Southern Petroleum shares last traded at GBX 11.70, with a volume of 1,464,107 shares traded.

Borders & Southern Petroleum Stock Up 3.5%

The stock has a 50 day simple moving average of GBX 10.10 and a 200 day simple moving average of GBX 9.93. The company has a market cap of £103.77 million, a price-to-earnings ratio of -90.77 and a beta of -0.41.

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

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