Global Petroleum Limited (LON:GBP – Get 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
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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