Global Petroleum Limited (LON:GBP – Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.25 ($0.00) and traded as high as GBX 0.32 ($0.00). Global Petroleum shares last traded at GBX 0.29 ($0.00), with a volume of 103,066,531 shares changing hands.
Global Petroleum Stock Down 22.4 %
The firm has a market capitalization of £8.80 million, a PE ratio of -1.57 and a beta of 0.75. The business’s 50-day moving average price is GBX 0.25 and its 200-day moving average price is GBX 0.16.
About Global Petroleum
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).
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