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Borders & Southern Petroleum (LON:BOR) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Borders & Southern Petroleum logo with Energy background

Key Points

  • Borders & Southern Petroleum shares have crossed above their 200-day moving average, trading at GBX 11.10 ($0.15) with a high of GBX 11.80 ($0.16).
  • The company has a market cap of £97.51 million and operates in the Falkland Islands, focusing on oil and gas exploration.
  • Despite a recent stock price increase of 1.8%, Borders & Southern Petroleum's price-to-earnings ratio currently stands at -6,937.50.
  • MarketBeat previews the top five stocks to own by October 1st.

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 7.04 ($0.09) and traded as high as GBX 11.80 ($0.16). Borders & Southern Petroleum shares last traded at GBX 11.10 ($0.15), with a volume of 3,019,766 shares trading hands.

Borders & Southern Petroleum Stock Up 2.7%

The company has a market capitalization of £101.02 million, a PE ratio of -7,187.50 and a beta of -0.41. The stock's 50 day moving average is GBX 9.81 and its two-hundred day moving average is GBX 7.14.

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.

Further Reading

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