Shares of Borders & Southern Petroleum plc (LON:BOR – Get Free Report) shot up 19.2% during mid-day trading on Monday. The stock traded as high as GBX 10 and last traded at GBX 9.68. Approximately 5,736,931 shares were traded during trading, an increase of 304% from the average session volume of 1,419,230 shares. The stock had previously closed at GBX 8.12.
Borders & Southern Petroleum Stock Up 19.2%
The company has a market cap of £86.57 million, a PE ratio of -50.95 and a beta of 1.04. The stock has a 50-day simple moving average of GBX 10.58 and a 200 day simple moving average of GBX 11.07.
About Borders & Southern Petroleum
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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.
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