Global Petroleum Limited (LON:GBP – Get Free Report) shares were up 13.9% during trading on Thursday . The company traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 159,787,234 shares changed hands during trading, an increase of 168% from the average daily volume of 59,516,129 shares. The stock had previously closed at GBX 0.07 ($0.00).
Global Petroleum Stock Performance
The business has a 50-day simple moving average of GBX 0.07 and a 200 day simple moving average of GBX 0.07. The firm has a market cap of £3.13 million, a P/E ratio of -1.57 and a beta of 0.74.
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.
Featured Stories
- Five stocks we like better than Global Petroleum
- How to Read Stock Charts for Beginners
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- What is the Dow Jones Industrial Average (DJIA)?
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- How to Plot Fibonacci Price Inflection Levels
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Global Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
