Shares of Borders & Southern Petroleum plc (LON:BOR – Get Free Report) rose 9% on Wednesday . The company traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.29 ($0.03). Approximately 2,340,701 shares were traded during trading, an increase of 131% from the average daily volume of 1,015,055 shares. The stock had previously closed at GBX 2.10 ($0.03).
Borders & Southern Petroleum Trading Up 1.8 %
The company’s fifty day moving average is GBX 1.85 and its two-hundred day moving average is GBX 2.15. 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 stock has a market cap of £18.27 million, a price-to-earnings ratio of -13.00 and a beta of -0.41.
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.
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