Borders & Southern Petroleum (LON:BOR) Stock Price Up 8.8% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares rose 8.8% on Wednesday . The stock traded as high as GBX 1.85 ($0.02) and last traded at GBX 1.85 ($0.02). Approximately 810,614 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 987,414 shares. The stock had previously closed at GBX 1.70 ($0.02).

Borders & Southern Petroleum Stock Performance

The company has a market cap of £15.37 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 current ratio of 13.41 and a quick ratio of 5.54. The firm has a fifty day simple moving average of GBX 1.79 and a 200 day simple moving average of GBX 2.21.

About Borders & Southern Petroleum

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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.

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