Borders & Southern Petroleum (LON:BOR) Trading 10.6% Higher – Here’s Why

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) rose 10.6% on Thursday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.96 ($0.06). Approximately 5,014,281 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 4,720,583 shares. The stock had previously closed at GBX 4.48 ($0.06).

Borders & Southern Petroleum Trading Up 10.6 %

The stock has a market cap of £41.17 million, a PE ratio of -13.00 and a beta of -0.41. The company’s fifty day moving average is GBX 2.65 and its 200-day moving average is GBX 2.30. 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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