Borders & Southern Petroleum plc (LON:BOR - Get Free Report) shares shot up 25.3% during trading on Monday . The stock traded as high as GBX 9.40 ($0.13) and last traded at GBX 9.40 ($0.13). 7,444,036 shares changed hands during mid-day trading, an increase of 231% from the average session volume of 2,246,393 shares. The stock had previously closed at GBX 7.50 ($0.10).
Borders & Southern Petroleum Trading Down 3.2%
The firm has a market capitalization of £95.63 million, a price-to-earnings ratio of -77.49 and a beta of -0.41. The firm has a fifty day moving average price of GBX 6.82 and a 200 day moving average price of GBX 5.60.
Insider Activity at Borders & Southern Petroleum
In other Borders & Southern Petroleum news, insider William Hodson bought 122,807 shares of Borders & Southern Petroleum stock in a transaction dated Monday, June 16th. The shares were acquired at an average cost of GBX 7 ($0.09) per share, with a total value of £8,596.49 ($11,484.96). 59.33% of the stock is owned by insiders.
Borders & Southern Petroleum Company Profile
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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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