Borders & Southern Petroleum (LON:BOR) Trading 16.6% Higher - Should You Buy?

Key Points

• Borders & Southern Petroleum's stock price surged by 16.6% on Monday, reaching a high of GBX 9.20, and traded 5.7 million shares, indicating strong investor interest.
• The company has a market capitalization of £98.78 million and a price-to-earnings ratio of -80.05, reflecting its current financial performance.
• Insider William Hodson purchased 122,807 shares at GBX 7 each, showing confidence in the company's future as insiders own 59.33% of the stock.

Borders & Southern Petroleum plc (LON:BOR - )'s stock price traded up 16.6% on Monday . The company traded as high as GBX 9.20 ($0.12) and last traded at GBX 8.75 ($0.12). 5,696,065 shares were traded during mid-day trading, an increase of 155% from the average session volume of 2,234,254 shares. The stock had previously closed at GBX 7.50 ($0.10).

Borders & Southern Petroleum Stock Up 25.3%

The stock has a market cap of £98.78 million, a price-to-earnings ratio of -80.05 and a beta of -0.41. The stock's 50 day moving average price is GBX 6.76 and its two-hundred day moving average price is GBX 5.56.

Insider Buying and Selling at Borders & Southern Petroleum

In other Borders & Southern Petroleum news, insider William Hodson acquired 122,807 shares of the business's stock in a transaction dated Monday, June 16th. The shares were purchased at an average price of GBX 7 ($0.09) per share, for a total transaction of £8,596.49 ($11,551.32). 59.33% of the stock is owned by insiders.

About Borders & Southern Petroleum

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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