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Borders & Southern Petroleum (LON:BOR) Stock Price Up 4.5% - Here's What Happened

Borders & Southern Petroleum logo with Energy background

Key Points

  • Borders & Southern Petroleum stock price increased by 4.5% during mid-day trading, reaching GBX 12.30 at its peak.
  • The company's market capitalization stands at £120.85 million, with a price-to-earnings ratio of -97.93.
  • Insider William Hodson recently purchased 122,807 shares at GBX 7, demonstrating confidence as 59.33% of the stock is owned by insiders.
  • Interested in Borders & Southern Petroleum? Here are five stocks we like better.

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s share price traded up 4.5% on Saturday . The stock traded as high as GBX 12.30 ($0.17) and last traded at GBX 11.50 ($0.15). 5,029,506 shares traded hands during mid-day trading, an increase of 120% from the average session volume of 2,284,984 shares. The stock had previously closed at GBX 11 ($0.15).

Borders & Southern Petroleum Stock Performance

The company has a 50 day simple moving average of GBX 7.94 and a 200 day simple moving average of GBX 6.28. The company has a market capitalization of £106.13 million, a PE ratio of -86.01 and a beta of -0.41.

Insider Buying and Selling

In other news, insider William Hodson acquired 122,807 shares of the business's stock in a transaction on Monday, June 16th. The stock was bought at an average cost of GBX 7 per share, for a total transaction of £8,596.49. Company insiders own 59.33% of the company's stock.

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.

Further Reading

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