Global Petroleum Limited (LON:GBP – Get Free Report)’s stock price was down 8.8% during trading on Monday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 121,949,727 shares traded hands during trading, an increase of 38% from the average daily volume of 88,470,352 shares. The stock had previously closed at GBX 0.19 ($0.00).
Global Petroleum Stock Down 8.8 %
The firm has a market capitalization of £6.92 million, a P/E ratio of -1.57 and a beta of 0.75. The firm’s 50-day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.10.
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.
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