Borders & Southern Petroleum (LON:BOR) Stock Price Up 10.6% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares 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 0.9 %

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 £41.54 million, a P/E ratio of -13.00 and a beta of -0.41. The firm’s 50-day simple moving average is GBX 2.72 and its 200-day simple moving average is GBX 2.32.

About Borders & Southern Petroleum

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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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