Borders & Southern Petroleum (LON:BOR) Trading Up 10.2% – Here’s What Happened

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price shot up 10.2% on Thursday . The company traded as high as GBX 14 and last traded at GBX 14. 1,174,116 shares traded hands during trading, a decline of 11% from the average session volume of 1,321,228 shares. The stock had previously closed at GBX 12.70.

Borders & Southern Petroleum Stock Performance

The business’s 50-day moving average price is GBX 11.54 and its 200 day moving average price is GBX 10.27. The stock has a market capitalization of £123.32 million, a PE ratio of -87.50 and a beta of 1.04.

Borders & Southern Petroleum Company Profile

(Get Free Report)

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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.

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