Global Petroleum (LON:GBP) Stock Price Passes Below 200 Day Moving Average of $0.15

Global Petroleum Limited (LON:GBPGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.15 ($0.00) and traded as low as GBX 0.08 ($0.00). Global Petroleum shares last traded at GBX 0.08 ($0.00), with a volume of 10,584,937 shares traded.

Global Petroleum Stock Performance

The firm’s fifty day simple moving average is GBX 0.12 and its 200-day simple moving average is GBX 0.15. The stock has a market cap of £1.01 million, a P/E ratio of -1.57 and a beta of 0.87.

About Global Petroleum

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Global Petroleum Limited, together with its subsidiaries, explores for oil and gas properties in Africa. It primarily owns an 78% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,798 square kilometers located in Walvis Basin, Namibia. The company was incorporated in 1994 and is based in Melbourne, Australia.

Further Reading

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