Upland Resources (LON:UPL) Shares Cross Below 200-Day Moving Average – Here’s Why

Upland Resources Limited (LON:UPLGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.47 ($0.02) and traded as low as GBX 1.06 ($0.01). Upland Resources shares last traded at GBX 1.08 ($0.01), with a volume of 4,206,803 shares.

Upland Resources Price Performance

The company has a market capitalization of £15.41 million, a P/E ratio of -6.27 and a beta of 2.02. The firm has a fifty day moving average price of GBX 1.18 and a 200-day moving average price of GBX 1.47.

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.

Recommended Stories

Receive News & Ratings for Upland Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Resources and related companies with MarketBeat.com's FREE daily email newsletter.