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

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

Borders & Southern Petroleum Stock Performance

The firm’s 50 day moving average price is GBX 2.03 and its 200-day moving average price is GBX 2.16. The firm 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 debt-to-equity ratio of 0.00, a current ratio of 13.41 and a quick ratio of 5.54.

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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