Borders & Southern Petroleum (LON:BOR) Shares Down 6.7% - Time to Sell?

Key Points

• Borders & Southern Petroleum shares fell by 6.7% during mid-day trading on Thursday, closing at GBX 9.70 ($0.13), after trading as low as GBX 9.50.
• The company's market cap is £85.21 million, and it has a PE ratio of -6,062.50, indicating potential losses in earnings.
• Borders & Southern Petroleum is an independent oil and gas exploration company primarily operating in the Falkland Islands, holding 100% interest in three production licenses over approximately 10,000 square kilometers.

Borders & Southern Petroleum plc (LON:BOR - ) shares fell 6.7% during mid-day trading on Thursday . The company traded as low as GBX 9.50 ($0.13) and last traded at GBX 9.70 ($0.13). 3,979,090 shares traded hands during trading, an increase of 81% from the average session volume of 2,203,568 shares. The stock had previously closed at GBX 10.40 ($0.14).

Borders & Southern Petroleum Stock Down 6.7%

The company has a market cap of £85.21 million, a PE ratio of -6,062.50 and a beta of -0.41. The firm's fifty day simple moving average is GBX 10.47 and its 200-day simple moving average is GBX 7.48.

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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