Borders & Southern Petroleum (LON:BOR) Shares Up 9% – Time to Buy?

Borders & Southern Petroleum plc (LON:BOR)’s share price traded up 9% during trading on Wednesday . The stock traded as high as GBX 6.40 ($0.08) and last traded at GBX 6.08 ($0.08). 10,071,552 shares changed hands during trading, an increase of 107% from the average session volume of 4,869,518 shares. The stock had previously closed at GBX 5.58 ($0.07).

Borders & Southern Petroleum Trading Up 9.0 %

The company has a quick ratio of 5.54, a current ratio of 13.41 and a debt-to-equity ratio of 0.00. The stock has a market capitalization of £50.47 million, a P/E ratio of -13.00 and a beta of -0.41. The company has a fifty day simple moving average of GBX 2.92 and a two-hundred day simple moving average of GBX 2.37.

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.