Borders & Southern Petroleum (LON:BOR) Trading 14.3% Higher – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price shot up 14.3% during mid-day trading on Tuesday . The company traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.40 ($0.03). 454,281 shares traded hands during trading, a decline of 55% from the average session volume of 1,007,539 shares. The stock had previously closed at GBX 2.10 ($0.03).

Borders & Southern Petroleum Trading Up 9.0 %

The firm’s 50-day simple moving average is GBX 1.84 and its 200 day simple moving average is GBX 2.15. The stock has a market capitalization of £19.03 million, a P/E ratio of -13.00 and a beta of -0.41. The company has a quick ratio of 5.54, a current ratio of 13.41 and a debt-to-equity ratio of 0.00.

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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