Borders & Southern Petroleum (LON:BOR) Trading 12.5% Higher – Still a Buy?

Shares of Borders & Southern Petroleum plc (LON:BOR) were up 12.5% on Monday . The stock traded as high as GBX 2.80 ($0.03) and last traded at GBX 2.76 ($0.03). Approximately 10,113,569 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 6,565,463 shares. The stock had previously closed at GBX 2.45 ($0.03).

Borders & Southern Petroleum Price Performance

The company has a market capitalization of £23.26 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The business has a 50 day moving average price of GBX 1.93 and a 200-day moving average price of GBX 2.14. The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41.

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.