Borders & Southern Petroleum (LON:BOR) Trading Down 10.5% – What’s Next?

Borders & Southern Petroleum plc (LON:BOR) fell 10.5% on Thursday . The stock traded as low as GBX 8.50 and last traded at GBX 8.50. 1,674,800 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 1,460,284 shares. The stock had previously closed at GBX 9.50.

Borders & Southern Petroleum Trading Up 4.7%

The firm has a fifty day simple moving average of GBX 9.67 and a two-hundred day simple moving average of GBX 10.13. The stock has a market cap of £78.30 million, a PE ratio of -68.46 and a beta of -0.41.

Insider Transactions at Borders & Southern Petroleum

In other news, insider William Hodson bought 1,500,000 shares of the firm’s stock in a transaction dated Saturday, January 31st. The stock was purchased at an average price of GBX 9 per share, with a total value of £135,000. Insiders own 21.31% of the company’s stock.

Borders & Southern Petroleum Company Profile

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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.