Borders & Southern Petroleum (LON:BOR) Trading 4.7% Higher – Still a Buy?

Shares of Borders & Southern Petroleum plc (LON:BORGet Free Report) were up 4.7% on Thursday . The stock traded as high as GBX 3.50 ($0.04) and last traded at GBX 3.46 ($0.04). Approximately 3,401,704 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 8,286,063 shares. The stock had previously closed at GBX 3.30 ($0.04).

Borders & Southern Petroleum Price Performance

The company has a debt-to-equity ratio of 0.00, a quick ratio of 5.54 and a current ratio of 13.41. The business has a 50 day moving average price of GBX 2.09 and a 200-day moving average price of GBX 2.17. The company has a market capitalization of £28.13 million, a price-to-earnings ratio of -13.00 and a beta of -0.41.

About Borders & Southern Petroleum

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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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