Borders & Southern Petroleum plc (LON:BOR – Get Free Report) rose 12% during mid-day trading on Monday . The stock traded as high as GBX 8.50 ($0.11) and last traded at GBX 8.40 ($0.11). Approximately 2,304,245 shares traded hands during trading, an increase of 4% from the average daily volume of 2,210,700 shares. The stock had previously closed at GBX 7.50 ($0.10).
Borders & Southern Petroleum Trading Down 6.7%
The stock has a market cap of £89.24 million, a P/E ratio of -72.31 and a beta of -0.41. The business’s fifty day simple moving average is GBX 6.88 and its 200 day simple moving average is GBX 5.63.
Insider Activity at Borders & Southern Petroleum
In related news, insider William Hodson purchased 122,807 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was acquired at an average price of GBX 7 ($0.09) per share, with a total value of £8,596.49 ($11,480.36). 59.33% of the stock is owned by company insiders.
About Borders & Southern Petroleum
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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