Borders & Southern Petroleum (LON:BOR) Shares Down 7.6% – Time to Sell?

Borders & Southern Petroleum plc (LON:BOR) dropped 7.6% during trading on Friday . The company traded as low as GBX 5.35 ($0.07) and last traded at GBX 6.05 ($0.08). Approximately 9,552,380 shares traded hands during mid-day trading, an increase of 88% from the average daily volume of 5,093,861 shares. The stock had previously closed at GBX 6.55 ($0.08).

Borders & Southern Petroleum Price Performance

The company has a current ratio of 13.41, a quick ratio of 5.54 and a debt-to-equity ratio of 0.00. The stock has a market cap of £46.53 million, a P/E ratio of -13.00 and a beta of -0.41. The business has a 50-day simple moving average of GBX 3.11 and a 200 day simple moving average of GBX 2.42.

Borders & Southern Petroleum Company Profile

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.