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Borders & Southern Petroleum (LON:BOR) Trading 5.9% Higher - Should You Buy?

Borders & Southern Petroleum logo with Energy background

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s stock price shot up 5.9% during trading on Wednesday . The stock traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.20 ($0.10). 5,678,655 shares changed hands during mid-day trading, an increase of 113% from the average session volume of 2,670,185 shares. The stock had previously closed at GBX 6.80 ($0.09).

Borders & Southern Petroleum Price Performance

The firm's 50 day simple moving average is GBX 5.36 and its 200 day simple moving average is GBX 4.24. The company has a market cap of £73.56 million, a price-to-earnings ratio of -59.61 and a beta of -0.41.

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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