Borders & Southern Petroleum (LON:BOR) Stock Price Up 8% – Should You Buy?

Borders & Southern Petroleum plc (LON:BOR)’s stock price traded up 8% on Friday . The stock traded as high as GBX 10 and last traded at GBX 9.18. 1,619,179 shares were traded during trading, an increase of 11% from the average session volume of 1,455,101 shares. The stock had previously closed at GBX 8.50.

Borders & Southern Petroleum Trading Down 0.5%

The stock has a market cap of £81.82 million, a P/E ratio of -71.54 and a beta of -0.41. The company has a 50 day simple moving average of GBX 9.59 and a 200 day simple moving average of GBX 10.13.

Insider Buying and Selling

In other news, insider William Hodson acquired 1,500,000 shares of the firm’s stock in a transaction dated Saturday, January 31st. The stock was purchased at an average price of GBX 9 per share, for a total transaction of £135,000. Company insiders own 21.31% of the company’s stock.

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.