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

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s stock price traded up 10.6% during mid-day trading 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 Up 10.6 %

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 company has a fifty day simple moving average of GBX 2.65 and a 200 day simple moving average of GBX 2.30. The firm has a market capitalization of £41.17 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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