Global Petroleum (LON:GBP) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Global Petroleum Limited (LON:GBPGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.24 ($0.00) and traded as high as GBX 0.31 ($0.00). Global Petroleum shares last traded at GBX 0.31 ($0.00), with a volume of 35,723,137 shares traded.

Global Petroleum Price Performance

The business has a 50-day moving average of GBX 0.24 and a 200 day moving average of GBX 0.15. The company has a market capitalization of £12.12 million, a PE ratio of -1.57 and a beta of 0.75.

About Global Petroleum

(Get Free Report)

Global Petroleum Limited is an oil and gas, upstream exploration company presently focused on Africa and the Mediterranean. The Company’s principal assets are two exploration blocks located offshore Namibia. Its primary listing is on the Australian Securities Exchange (ASX) with a secondary listing on the AIM Market of the London Stock Exchange (AIM).

Featured Articles

Receive News & Ratings for Global Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.