Global Petroleum Limited (LON:GBP – Get Free Report)’s share price traded down 8.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 71,808,313 shares changed hands during trading, an increase of 22% from the average session volume of 58,858,016 shares. The stock had previously closed at GBX 0.09 ($0.00).
Global Petroleum Stock Up 9.7 %
The stock has a market capitalization of £3.09 million, a price-to-earnings ratio of -1.57 and a beta of 0.74. The business’s 50 day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.07.
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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