Upland Resources (LON:UPL) Trading 9.1% Higher – Time to Buy?

Upland Resources Limited (LON:UPLGet Free Report)’s stock price shot up 9.1% during mid-day trading on Monday . The company traded as high as GBX 1.49 ($0.02) and last traded at GBX 1.47 ($0.02). 4,514,960 shares changed hands during trading, a decline of 42% from the average session volume of 7,730,265 shares. The stock had previously closed at GBX 1.35 ($0.02).

Upland Resources Stock Up 9.1 %

The firm has a market capitalization of £20.24 million, a P/E ratio of -9.84 and a beta of 2.02. The stock has a fifty day moving average of GBX 1.13 and a 200-day moving average of GBX 1.15.

Upland Resources Company Profile

(Get Free Report)

The Company is focused on opportunities in South-East Asia with an initial emphasis on Sarawak.
Over the last 7 years the Company has developed an opportunity on a block in Northern Sarawak, block SK334.
Upland has an exceptional team and is working with leading oil and gas contractors to effectively, and with the minimum risk, evolve its prospects.

Further Reading

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