Borders & Southern Petroleum plc (LON:BOR – Get Free Report) shares rose 12.6% during mid-day trading on Friday . The company traded as high as GBX 13.20 and last traded at GBX 13. Approximately 5,580,658 shares were traded during trading, an increase of 331% from the average daily volume of 1,294,218 shares. The stock had previously closed at GBX 11.55.
Borders & Southern Petroleum Stock Up 12.6%
The business has a fifty day simple moving average of GBX 10.67 and a two-hundred day simple moving average of GBX 10.02. The company has a market capitalization of £114.51 million, a price-to-earnings ratio of -81.25 and a beta of 1.04.
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. Borders & Southern Petroleum plc was incorporated in 2004 and is headquartered in London, the United Kingdom.
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