Borders & Southern Petroleum (LON:BOR) Trading Up 9.5% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares shot up 9.5% on Tuesday . The company traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.30 ($0.03). 1,640,701 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 1,012,266 shares. The stock had previously closed at GBX 2.10 ($0.03).

Borders & Southern Petroleum Price Performance

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 firm has a market cap of £19.11 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The stock has a 50-day moving average price of GBX 1.83 and a 200 day moving average price of GBX 2.15.

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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