Borders & Southern Petroleum (LON:BOR) Shares Down 6.3% – What’s Next?

Borders & Southern Petroleum plc (LON:BORGet Free Report) dropped 6.3% during mid-day trading on Tuesday . The company traded as low as GBX 3.02 ($0.04) and last traded at GBX 3.26 ($0.04). Approximately 17,005,387 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 12,913,223 shares. The stock had previously closed at GBX 3.48 ($0.04).

Borders & Southern Petroleum Price Performance

The business’s 50 day simple moving average is GBX 2.03 and its 200-day simple moving average is GBX 2.16. The stock has a market capitalization of £26.83 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The company has a quick ratio of 5.54, a current ratio of 13.41 and a debt-to-equity ratio of 0.00.

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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