Global Petroleum Limited (LON:GBP – Get Free Report)’s stock price rose 12.9% during mid-day trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 22,002,719 shares were traded during trading, a decline of 74% from the average daily volume of 84,954,656 shares. The stock had previously closed at GBX 0.17 ($0.00).
Global Petroleum Trading Down 3.8 %
The stock has a market cap of £9.78 million, a P/E ratio of -1.57 and a beta of 0.75. The stock has a 50 day simple moving average of GBX 0.21 and a 200 day simple moving average of GBX 0.12.
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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