Borders & Southern Petroleum (LON:BOR) Shares Up 39.4% – Should You Buy?

Borders & Southern Petroleum plc (LON:BORGet Free Report)’s share price rose 39.4% during mid-day trading on Monday . The company traded as high as GBX 4 ($0.05) and last traded at GBX 3.42 ($0.04). Approximately 25,064,684 shares changed hands during mid-day trading, an increase of 117% from the average daily volume of 11,549,168 shares. The stock had previously closed at GBX 2.45 ($0.03).

Borders & Southern Petroleum Stock Performance

The company has a current ratio of 13.41, a quick ratio of 5.54 and a debt-to-equity ratio of 0.00. The firm has a market capitalization of £28.41 million, a P/E ratio of -13.00 and a beta of -0.41. The business’s 50 day simple moving average is GBX 1.93 and its two-hundred day simple moving average is GBX 2.14.

About Borders & Southern Petroleum

(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.

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