Borders & Southern Petroleum (LON:BOR) Trading 4.7% Higher – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares rose 4.7% on Thursday . The company traded as high as GBX 3.50 ($0.04) and last traded at GBX 3.46 ($0.04). Approximately 3,401,704 shares traded hands during trading, a decline of 59% from the average daily volume of 8,286,063 shares. The stock had previously closed at GBX 3.30 ($0.04).

Borders & Southern Petroleum Stock Up 4.7 %

The stock has a market cap of £28.71 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The company has a current ratio of 13.41, a quick ratio of 5.54 and a debt-to-equity ratio of 0.00. The firm’s 50 day moving average is GBX 2.03 and its two-hundred day moving average is GBX 2.16.

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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