Borders & Southern Petroleum (LON:BOR) Shares Climb 19.2% – Should You Buy?

Borders & Southern Petroleum plc (LON:BOR – Get Free Report) shares rose 19.2% during mid-day trading on Monday. The stock traded as high as GBX 10 and last traded at GBX 9.68. 5,736,931 shares changed hands during trading, an increase of 304% from the average daily volume of 1,419,230 shares. The stock had previously closed at GBX 8.12.

Borders & Southern Petroleum Stock Down 2.0%

The firm has a fifty day moving average of GBX 10.57 and a 200-day moving average of GBX 11.09. The firm has a market cap of £99.00 million, a P/E ratio of -58.26 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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