Borders & Southern Petroleum (LON:BOR) Trading 9% Higher - Should You Buy?

Borders & Southern Petroleum plc (LON:BOR - Get Free Report)'s stock price was up 9% during mid-day trading on Wednesday . The stock traded as high as GBX 6.40 ($0.08) and last traded at GBX 6.08 ($0.08). Approximately 10,071,552 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 4,869,518 shares. The stock had previously closed at GBX 5.58 ($0.07).

Borders & Southern Petroleum Stock Performance

The company has a 50 day moving average of GBX 3.18 and a two-hundred day moving average of GBX 2.44. The company has a market capitalization of £46.53 million, a PE ratio of -13.00 and a beta of -0.41. The company has a debt-to-equity ratio of 0.00, a current ratio of 13.41 and a quick ratio of 5.54.

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.