Botswana Diamonds (LON:BOD) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Botswana Diamonds plc (LON:BOD) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.26 and traded as low as GBX 0.18. Botswana Diamonds shares last traded at GBX 0.18, with a volume of 224,529 shares changing hands.

Botswana Diamonds Stock Performance

The firm has a market capitalization of £2.38 million, a PE ratio of -2.21 and a beta of 0.80. The firm’s 50 day moving average price is GBX 0.24 and its 200-day moving average price is GBX 0.26.

Botswana Diamonds (LON:BOD) last issued its quarterly earnings results on Friday, December 12th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

About Botswana Diamonds

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.