Global Petroleum Limited (LON:GBP – Get Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.09 ($0.00) and traded as low as GBX 0.07 ($0.00). Global Petroleum shares last traded at GBX 0.08 ($0.00), with a volume of 47,342,675 shares trading hands.
Global Petroleum Stock Down 1.3 %
The stock has a market cap of £1.44 million, a price-to-earnings ratio of -1.57 and a beta of 1.09. The business’s 50 day simple moving average is GBX 0.07 and its 200 day simple moving average is GBX 0.09.
About Global Petroleum
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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