Shares of Global Petroleum Limited (LON:GBP – Get Free Report) fell 24.1% during trading on Tuesday . The company traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 176,199,844 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 93,988,266 shares. The stock had previously closed at GBX 0.29 ($0.00).
Global Petroleum Price Performance
The firm has a market capitalization of £8.25 million, a PE ratio of -1.57 and a beta of 0.75. The stock’s 50-day moving average price is GBX 0.25 and its 200 day moving average price is GBX 0.16.
Global Petroleum Company Profile
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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