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Borders & Southern Petroleum (LON:BOR) Trading Up 4.5% - Time to Buy?

MarketBeat · last updated

Borders & Southern Petroleum plc (LON:BOR — Get Free Report) shares were up 4.5% on Saturday . The company traded as high as GBX 12.30 ($0.17) and last traded at GBX 11.50 ($0.16). Approximately 5,029,506 shares were traded during trading, an increase of 120% from the average daily volume of 2,284,984 shares. The stock had previously closed at GBX 11 ($0.15).

Borders & Southern Petroleum Stock Up 4.5%

The firm has a market capitalization of £120.85 million, a price-to-earnings ratio of -97.93 and a beta of -0.41. The business’s 50-day simple moving average is GBX 7.75 and its two-hundred day simple moving average is GBX 6.17.

Insider Activity at Borders & Southern Petroleum

In other Borders & Southern Petroleum news, insider William Hodson acquired 122,807 shares of the stock in a transaction dated Monday, June 16th. The stock was acquired at an average price of GBX 7 ($0.09) per share, with a total value of £8,596.49 ($11,651.52). Insiders own 59.33% of the company’s stock.

About Borders & Southern Petroleum

(Get Free Report)

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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