Borders & Southern Petroleum (LON:BOR) Trading 9.5% Higher – Still a Buy?

Borders & Southern Petroleum plc (LON:BOR)’s stock price was up 9.5% during trading on Tuesday . The stock traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.30 ($0.03). Approximately 1,640,701 shares traded hands during mid-day trading, an increase of 62% from the average daily volume of 1,012,266 shares. The stock had previously closed at GBX 2.10 ($0.03).

Borders & Southern Petroleum Stock Up 9.5 %

The stock’s fifty day simple moving average is GBX 1.83 and its two-hundred day simple moving average is GBX 2.15. The company has a market capitalization of £19.11 million, a price-to-earnings ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41.

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.