Global Petroleum Limited (LON:GBP – Get Free Report) traded down 13.3% during trading on Wednesday . The stock traded as low as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 19,616,824 shares were traded during trading, a decline of 50% from the average session volume of 39,564,207 shares. The stock had previously closed at GBX 0.15 ($0.00).
Global Petroleum Price Performance
The stock has a market capitalization of £2.22 million, a price-to-earnings ratio of -1.57 and a beta of 1.09. The firm has a 50-day moving average of GBX 0.07 and a 200 day moving average of GBX 0.09.
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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