Borders & Southern Petroleum (LON:BOR) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 10.61 and traded as high as GBX 12.90. Borders & Southern Petroleum shares last traded at GBX 12.05, with a volume of 434,801 shares.

Borders & Southern Petroleum Price Performance

The firm’s 50 day moving average price is GBX 12.26 and its 200-day moving average price is GBX 10.61. The stock has a market cap of £106.25 million, a P/E ratio of -75.31 and a beta of 1.04.

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

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