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

Borders & Southern Petroleum plc (LON:BOR)’s stock price was up 10.2% on Thursday . The stock 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 Trading Up 10.6 %

The firm has a market capitalization of £41.17 million, a P/E 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. The stock’s 50-day simple moving average is GBX 2.65 and its two-hundred day simple moving average is GBX 2.30.

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.