Borders & Southern Petroleum (LON:BOR) Stock Price Up 25.3% - Still a Buy?

Key Points

• Borders & Southern Petroleum's share price increased by 25.3% to GBX 9.40 ($0.13), with a trading volume of approximately 7.4 million shares, significantly higher than the average.
• The company has a market capitalization of £92.45 million and a PE ratio of -74.92, indicating a potential risk for investors.
• Insider William Hodson bought 122,807 shares at an average price of GBX 7 ($0.09), highlighting insider confidence in the company's future.

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s stock price shot up 25.3% on Tuesday . The company traded as high as GBX 9.40 ($0.12) and last traded at GBX 9.40 ($0.12). 7,444,036 shares were traded 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 Up 1.6%

The stock's fifty day moving average is GBX 7 and its two-hundred day moving average is GBX 5.69. The company has a market capitalization of £100.88 million, a PE ratio of -81.75 and a beta of -0.41.

Insider Activity

In other news, insider William Hodson purchased 122,807 shares of the stock in a transaction dated Monday, June 16th. The shares were purchased at an average cost of GBX 7 ($0.09) per share, with a total value of £8,596.49 ($11,356.00). Insiders own 59.33% of the company's stock.

Borders & Southern Petroleum Company Profile

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.