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Borders & Southern Petroleum (LON:BOR) Stock Price Up 6.6% - Here's What Happened

Borders & Southern Petroleum logo with Energy background

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s share price rose 6.6% during mid-day trading on Monday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 5.65 ($0.08). Approximately 4,775,565 shares changed hands during trading, an increase of 87% from the average daily volume of 2,551,188 shares. The stock had previously closed at GBX 5.30 ($0.07).

Borders & Southern Petroleum Stock Performance

The firm's fifty day simple moving average is GBX 5 and its 200-day simple moving average is GBX 3.90. The stock has a market cap of £65.68 million, a P/E ratio of -53.22 and a beta of -0.41.

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.

Further Reading

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