Borders & Southern Petroleum (LON:BOR) Stock Price Up 12.6% – Here’s Why

Borders & Southern Petroleum plc (LON:BORGet Free Report) shares traded up 12.6% on Friday . The stock traded as high as GBX 13.20 and last traded at GBX 13. 5,580,658 shares changed hands during trading, an increase of 331% from the average session volume of 1,294,218 shares. The stock had previously closed at GBX 11.55.

Borders & Southern Petroleum Stock Up 12.6%

The stock has a market cap of £114.51 million, a P/E ratio of -81.25 and a beta of 1.04. The firm’s 50-day moving average is GBX 10.74 and its two-hundred day moving average is GBX 10.04.

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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