Global Petroleum Limited (LON:GBP – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.09 ($0.00) and traded as low as GBX 0.06 ($0.00). Global Petroleum shares last traded at GBX 0.08 ($0.00), with a volume of 24,289,885 shares changing hands.
Global Petroleum Stock Performance
The stock’s 50-day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.09. The firm has a market capitalization of £1.56 million, a PE ratio of -1.57 and a beta of 1.09.
Global Petroleum Company Profile
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.
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