Borders & Southern Petroleum (LON:BOR) Trading 10.2% Higher – What’s Next?

Borders & Southern Petroleum plc (LON:BOR)’s stock price shot up 10.2% during trading on Thursday . The stock traded as high as GBX 14 and last traded at GBX 14. Approximately 1,174,116 shares traded hands during mid-day 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 Price Performance

The stock has a market cap of £120.23 million, a P/E ratio of -85.31 and a beta of 1.04. The firm’s fifty day moving average price is GBX 11.69 and its two-hundred day moving average price is GBX 10.33.

Borders & Southern Petroleum Company Profile

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.