Borders & Southern Petroleum (LON:BOR) Share Price Passes Above 200 Day Moving Average – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.51 and traded as high as GBX 13.05. Borders & Southern Petroleum shares last traded at GBX 12.10, with a volume of 377,038 shares changing hands.

Borders & Southern Petroleum Price Performance

The company has a 50-day moving average of GBX 12.22 and a 200 day moving average of GBX 10.51. The company has a market cap of £106.69 million, a PE ratio of -75.62 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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