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Borders & Southern Petroleum (LON:BOR) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Borders & Southern Petroleum logo with Energy background

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.50 ($0.06) and traded as high as GBX 7 ($0.10). Borders & Southern Petroleum shares last traded at GBX 6.55 ($0.09), with a volume of 802,479 shares traded.

Borders & Southern Petroleum Trading Up 1.4%

The company's 50 day moving average is GBX 5.74 and its 200-day moving average is GBX 4.59. The company has a market capitalization of £73.56 million, a P/E ratio of -59.61 and a beta of -0.41.

Borders & Southern Petroleum Company Profile

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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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