Global Petroleum Limited (LON:GBP – Get Free Report) shares rose 7.7% during mid-day trading on Tuesday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 59,682,953 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 106,061,102 shares. The stock had previously closed at GBX 0.14 ($0.00).
Global Petroleum Trading Up 7.7 %
The company has a 50 day moving average price of GBX 0.22 and a 200 day moving average price of GBX 0.19. The company has a market capitalization of £9.19 million, a price-to-earnings ratio of -3.71 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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