Borders & Southern Petroleum (LON:BOR) Stock Price Up 10.2% – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares were up 10.2% during trading on Thursday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.94 ($0.06). Approximately 4,017,020 shares changed hands during trading, a decline of 14% from the average daily volume of 4,673,094 shares. The stock had previously closed at GBX 4.48 ($0.06).

Borders & Southern Petroleum Price Performance

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 business has a fifty day simple moving average of GBX 2.72 and a 200 day simple moving average of GBX 2.32. The stock has a market capitalization of £41.54 million, a P/E ratio of -13.00 and a beta of -0.41.

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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