Borders & Southern Petroleum (LON:BOR) Trading 6.6% Higher – Here’s What Happened

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) traded up 6.6% during trading on Tuesday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 5.65 ($0.07). 4,775,565 shares traded hands during trading, an increase of 87% from the average session volume of 2,551,188 shares. The stock had previously closed at GBX 5.30 ($0.07).

Borders & Southern Petroleum Price Performance

The company has a fifty day moving average price of GBX 4.94 and a two-hundred day moving average price of GBX 3.82. The company has a market capitalization of £72.50 million, a P/E ratio of -58.75 and a beta of -0.41.

Borders & Southern Petroleum Company Profile

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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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