Borders & Southern Petroleum (LON:BOR) Trading Down 6.3% – Here’s What Happened

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

Borders & Southern Petroleum Trading Down 6.3 %

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

Borders & Southern Petroleum Company Profile

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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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