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Borders & Southern Petroleum (LON:BOR) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Borders & Southern Petroleum logo with Energy background

Borders & Southern Petroleum plc (LON:BOR - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.39 ($0.04) and traded as high as GBX 4.80 ($0.06). Borders & Southern Petroleum shares last traded at GBX 4.80 ($0.06), with a volume of 829,374 shares.

Borders & Southern Petroleum Price Performance

The firm's fifty day moving average is GBX 4.95 and its 200-day moving average is GBX 3.46. The firm has a market cap of £47.29 million, a price-to-earnings ratio of -38.32 and a beta of -0.41.

About Borders & Southern Petroleum

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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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