Borders & Southern Petroleum (LON:BOR) Shares Down 6.1% - Here's Why

Key Points

• Borders & Southern Petroleum shares experienced a significant decline of 6.1% on Monday, trading as low as GBX 10.70 ($0.14).
• The company's market capitalization stands at £94.87 million, with a notably high price-to-earnings ratio of -6,750.00.
• Borders & Southern is an independent oil and gas exploration company that holds a 100% interest in three production licenses in the Falkland Islands, covering approximately 10,000 square kilometers.

Borders & Southern Petroleum plc (LON:BOR - ) shares were down 6.1% on Monday . The stock traded as low as GBX 10.70 ($0.14) and last traded at GBX 10.80 ($0.15). Approximately 1,248,095 shares changed hands during trading, a decline of 44% from the average daily volume of 2,220,630 shares. The stock had previously closed at GBX 11.50 ($0.16).

Borders & Southern Petroleum Price Performance

The company has a market capitalization of £94.87 million, a price-to-earnings ratio of -6,750.00 and a beta of -0.41. The firm's 50-day simple moving average is GBX 9.90 and its two-hundred day simple moving average is GBX 7.20.

Borders & Southern Petroleum Company Profile

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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