Borders & Southern Petroleum (LON:BOR) Shares Up 39.4% – Time to Buy?

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) rose 39.4% during mid-day trading on Tuesday . The stock traded as high as GBX 4 ($0.05) and last traded at GBX 3.42 ($0.04). Approximately 25,064,684 shares traded hands during mid-day trading, an increase of 117% from the average daily volume of 11,549,168 shares. The stock had previously closed at GBX 2.45 ($0.03).

Borders & Southern Petroleum Price Performance

The business has a 50-day moving average of GBX 2.03 and a 200 day moving average of GBX 2.16. The company has a market capitalization of £27.42 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 current ratio of 13.41 and a quick ratio of 5.54.

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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