Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s share price was down 10.4% on Monday . The company traded as low as GBX 10.30 ($0.14) and last traded at GBX 10.30 ($0.14). Approximately 2,984,523 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 2,289,384 shares. The stock had previously closed at GBX 11.50 ($0.16).
Borders & Southern Petroleum Trading Down 1.0%
The business's fifty day simple moving average is GBX 8.07 and its two-hundred day simple moving average is GBX 6.35. The stock has a market capitalization of £105.08 million, a P/E ratio of -85.16 and a beta of -0.41.
Insiders Place Their Bets
In related news, insider William Hodson purchased 122,807 shares of Borders & Southern Petroleum stock in a transaction on Monday, June 16th. The stock was purchased at an average cost of GBX 7 per share, with a total value of £8,596.49. 59.33% of the stock is currently owned by company insiders.
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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