Borders & Southern Petroleum (LON:BOR) Stock Price Down 6.7% - Should You Sell?

Key Points

• Borders & Southern Petroleum plc shares fell by 6.7% to GBX 9.70 ($0.13) with a trading volume significantly increasing by 81% compared to its average.
• The company's market cap stands at £85.21 million, with a notably high price-to-earnings ratio of -6,062.50.
• Borders & Southern operates as an independent oil and gas exploration firm in the Falkland Islands, holding 100% interest in three production licenses covering about 10,000 square kilometers.

Shares of Borders & Southern Petroleum plc (LON:BOR - ) traded down 6.7% during trading on Thursday . The stock traded as low as GBX 9.50 ($0.13) and last traded at GBX 9.70 ($0.13). 3,979,090 shares changed hands during mid-day 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 Trading Down 6.7%

The stock has a market capitalization of £85.21 million, a price-to-earnings ratio of -6,062.50 and a beta of -0.41. The firm's fifty day moving average price is GBX 10.47 and its 200 day moving average price 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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