Borders & Southern Petroleum (LON:BOR) Shares Up 10.6% – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price shot up 10.6% on Thursday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.96 ($0.06). 5,014,281 shares traded hands during trading, an increase of 6% from the average session volume of 4,720,583 shares. The stock had previously closed at GBX 4.48 ($0.06).

Borders & Southern Petroleum Stock Performance

The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41. The company has a market cap of £41.54 million, a PE ratio of -13.00 and a beta of -0.41. The company’s 50 day moving average price is GBX 2.72 and its 200-day moving average price is GBX 2.32.

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.

Further Reading

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