Global Petroleum Limited (LON:GBP – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.
Global Petroleum Stock Performance
The company has a 50-day simple moving average of GBX 0.07 and a 200-day simple moving average of GBX 0.09. The company has a market cap of £1.44 million, a price-to-earnings ratio of -1.57 and a beta of 1.09.
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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