Borders & Southern Petroleum (LON:BOR) Shares Down 6.1% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares fell 6.1% during mid-day trading on Tuesday . The company traded as low as GBX 6.22 ($0.08) and last traded at GBX 6.55 ($0.09). 3,514,591 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 2,683,702 shares. The stock had previously closed at GBX 6.98 ($0.09).

Borders & Southern Petroleum Stock Performance

The company has a market capitalization of £73.03 million, a P/E ratio of -59.18 and a beta of -0.41. The company has a 50-day simple moving average of GBX 5.48 and a 200 day simple moving average of GBX 4.33.

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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