Shares of Borders & Southern Petroleum plc (LON:BOR – Get Free Report) were down 9.5% during mid-day trading on Thursday . The stock traded as low as GBX 8.50 and last traded at GBX 8.60. Approximately 2,550,915 shares changed hands during trading, an increase of 24% from the average daily volume of 2,063,502 shares. The stock had previously closed at GBX 9.50.
Borders & Southern Petroleum Trading Down 9.5%
The business’s fifty day moving average is GBX 10.40 and its 200 day moving average is GBX 9.01. The firm has a market capitalization of £75.58 million, a P/E ratio of -66.15 and a beta of -0.41.
About Borders & Southern Petroleum
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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