Borders & Southern Petroleum (LON:BOR) Shares Down 6.3% – Time to Sell?

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares dropped 6.3% on Tuesday . The company traded as low as GBX 3.02 ($0.04) and last traded at GBX 3.26 ($0.04). Approximately 28,195,270 shares traded hands during mid-day trading, an increase of 79% from the average daily volume of 15,710,693 shares. The stock had previously closed at GBX 3.48 ($0.04).

Borders & Southern Petroleum Stock Down 6.3 %

The firm’s 50 day simple moving average is GBX 1.97 and its 200-day simple moving average is GBX 2.15. The company has a market cap of £27.09 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a current ratio of 13.41 and a quick ratio of 5.54.

Borders & Southern Petroleum Company Profile

(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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