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Borders & Southern Petroleum (LON:BOR) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Borders & Southern Petroleum logo with Energy background
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Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.80 ($0.04) and traded as high as GBX 5.55 ($0.07). Borders & Southern Petroleum shares last traded at GBX 4.95 ($0.06), with a volume of 624,458 shares changing hands.

Borders & Southern Petroleum Price Performance

The company has a market cap of £49.52 million, a PE ratio of -40.13 and a beta of -0.41. The stock has a fifty day moving average price of GBX 4.45 and a 200-day moving average price of GBX 2.83.

About Borders & Southern Petroleum

(Get Free Report)

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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