Borders & Southern Petroleum (LON:BOR) Trading 34.5% Higher – What’s Next?

Borders & Southern Petroleum plc (LON:BOR) shares were up 34.5% during mid-day trading on Monday . The company traded as high as GBX 3.30 ($0.04) and last traded at GBX 3.30 ($0.04). Approximately 13,269,100 shares were traded during mid-day trading, an increase of 74% from the average daily volume of 7,617,306 shares. The stock had previously closed at GBX 2.45 ($0.03).

Borders & Southern Petroleum Trading Up 34.5 %

The company’s 50-day moving average price is GBX 1.93 and its 200-day moving average price is GBX 2.14. The firm has a market capitalization of £27.42 million, a PE 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.