Borders & Southern Petroleum (LON:BOR) Stock Price Up 13.8% – Time to Buy?

Borders & Southern Petroleum plc (LON:BORGet Free Report) rose 13.8% during trading on Thursday . The company traded as high as GBX 7.50 ($0.10) and last traded at GBX 7 ($0.09). Approximately 6,931,437 shares changed hands during trading, an increase of 161% from the average daily volume of 2,653,604 shares. The stock had previously closed at GBX 6.15 ($0.08).

Borders & Southern Petroleum Trading Down 0.7%

The stock has a market capitalization of £73.03 million, a P/E ratio of -59.18 and a beta of -0.41. The stock’s 50 day simple moving average is GBX 4.94 and its 200 day simple moving average is GBX 3.82.

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.

Further Reading

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