Shares of Global Petroleum Limited (LON:GBP – Get Free Report) traded up 14.4% during trading on Friday . The stock traded as high as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). 40,893,688 shares were traded during trading, a decline of 53% from the average session volume of 86,676,828 shares. The stock had previously closed at GBX 0.27 ($0.00).
Global Petroleum Price Performance
The stock has a 50-day simple moving average of GBX 0.24 and a 200-day simple moving average of GBX 0.14. The stock has a market cap of £11.38 million, a PE ratio of -1.57 and a beta of 0.75.
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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