Global Petroleum (LON:GBP) Stock Price Passes Below 200-Day Moving Average of $0.32

Global Petroleum Limited (LON:GBPGet Rating)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.32 ($0.00) and traded as low as GBX 0.20 ($0.00). Global Petroleum shares last traded at GBX 0.21 ($0.00), with a volume of 28,722,500 shares changing hands.

Global Petroleum Stock Down 4.8 %

The firm has a market cap of £2.08 million, a PE ratio of -1.57 and a beta of 0.80. The firm’s fifty day simple moving average is GBX 0.26 and its two-hundred day simple moving average is GBX 0.32.

Global Petroleum Company Profile

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Global Petroleum Limited, together with its subsidiaries, explores for oil and gas properties in Africa. The company primarily owns an 78% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,798square kilometers located in Walvis Basin, Namibia.

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