Borders & Southern Petroleum plc (LON:BOR – Get Free Report) shares shot up 9% during trading on Wednesday . The company traded as high as GBX 6.40 ($0.08) and last traded at GBX 6.08 ($0.08). 10,071,552 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 4,869,518 shares. The stock had previously closed at GBX 5.58 ($0.07).
Borders & Southern Petroleum Stock Performance
The company’s fifty day simple moving average is GBX 3.11 and its two-hundred day simple moving average is GBX 2.42. 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 stock has a market capitalization of £46.53 million, a P/E 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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