Borders & Southern Petroleum (LON:BOR) Trading 34.5% Higher – Time to Buy?

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price traded up 34.5% during trading on Monday . The stock traded as high as GBX 3.30 ($0.04) and last traded at GBX 3.30 ($0.04). 13,269,100 shares changed hands during trading, an increase of 74% from the average session volume of 7,617,306 shares. The stock had previously closed at GBX 2.45 ($0.03).

Borders & Southern Petroleum Trading Up 34.5 %

The stock’s 50-day simple moving average is GBX 1.93 and its two-hundred day simple moving average is GBX 2.14. The firm has a market capitalization of £27.42 million, a P/E 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.

About Borders & Southern Petroleum

(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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