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

Key Points

• Borders & Southern Petroleum shares dropped by 6.7% on Friday, trading between GBX 9.50 ($0.13) and GBX 9.70 ($0.13).
• The company has a market cap of £87.85 million and an extremely high P/E ratio of -6,250.00.
• Borders & Southern Petroleum operates as an independent oil and gas exploration company, holding a 100% interest in three production licenses in the Falkland Islands.

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

Borders & Southern Petroleum Price Performance

The stock has a market cap of £87.85 million, a P/E ratio of -6,250.00 and a beta of -0.41. The business's 50 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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