Borders & Southern Petroleum (LON:BOR) Trading 10% Higher – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price shot up 10% during mid-day trading on Monday . The stock traded as high as GBX 11 ($0.15) and last traded at GBX 11 ($0.15). 2,345,985 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 2,177,105 shares. The stock had previously closed at GBX 10 ($0.13).

Borders & Southern Petroleum Stock Performance

The firm has a 50 day moving average of GBX 10.51 and a 200-day moving average of GBX 7.88. The stock has a market capitalization of £98.43 million, a PE ratio of -8,615.38 and a beta of -0.41.

About Borders & Southern Petroleum

(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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