Global Petroleum Limited (LON:GBP – Get Free Report)’s share price dropped 24.1% on Tuesday . The company traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 176,199,844 shares changed hands during trading, an increase of 87% from the average daily volume of 93,988,266 shares. The stock had previously closed at GBX 0.29 ($0.00).
Global Petroleum Trading Up 5.5 %
The firm has a 50-day simple moving average of GBX 0.25 and a 200-day simple moving average of GBX 0.16. The firm has a market cap of £8.25 million, a P/E ratio of -1.57 and a beta of 0.75.
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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