Borders & Southern Petroleum (LON:BOR) Stock Price Up 11.3% – Here’s Why

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) shot up 11.3% during trading on Friday . The company traded as high as GBX 4.36 ($0.05) and last traded at GBX 4.36 ($0.05). 4,076,065 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 4,788,375 shares. The stock had previously closed at GBX 3.92 ($0.05).

Borders & Southern Petroleum Stock Performance

The company’s 50-day moving average price is GBX 2.39 and its two-hundred day moving average price is GBX 2.24. The stock has a market cap of £35.99 million, a PE ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41.

Borders & Southern Petroleum Company Profile

(Get Free Report)

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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