Borders & Southern Petroleum (LON:BOR) Trading Up 9% – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price was up 9% during trading on Wednesday . The company traded as high as GBX 6.40 ($0.08) and last traded at GBX 6.08 ($0.08). Approximately 10,071,552 shares changed hands during trading, an increase of 107% from the average daily volume of 4,869,518 shares. The stock had previously closed at GBX 5.58 ($0.07).

Borders & Southern Petroleum Stock Performance

The business has a 50-day moving average price of GBX 2.92 and a 200-day moving average price of GBX 2.37. The company has a quick ratio of 5.54, a current ratio of 13.41 and a debt-to-equity ratio of 0.00. The firm has a market capitalization of £50.47 million, a price-to-earnings ratio of -13.00 and a beta of -0.41.

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.

Featured Articles

Receive News & Ratings for Borders & Southern Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borders & Southern Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.