Shares of Global Petroleum Limited (LON:GBP – Get Free Report) were up 16.7% during trading on Monday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 23,819,516 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 87,747,656 shares. The stock had previously closed at GBX 0.19 ($0.00).
Global Petroleum Stock Performance
The firm has a market capitalization of £8.76 million, a PE ratio of -1.57 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 0.17 and its two-hundred day simple moving average is GBX 0.11.
Global Petroleum Company Profile
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.
Further Reading
- Five stocks we like better than Global Petroleum
- Stock Splits, Do They Really Impact Investors?
- Enovix Targets Silicon Anode Battery Launch As AI Drives Demand
- Compound Interest and Why It Matters When Investing
- 3 Tasty Stocks with Long Term Growth and Stable Dividends
- Airline Stocks – Top Airline Stocks to Buy Now
- Why Gold Prices Could Surge to $3,000: Key Drivers for Bulls
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.
