Global Petroleum Limited (LON:GBP – Get Free Report) was up 5.3% on Thursday . The stock traded as high as GBX 0.26 ($0.00) and last traded at GBX 0.26 ($0.00). Approximately 35,428,535 shares were traded during trading, a decline of 59% from the average daily volume of 86,011,797 shares. The stock had previously closed at GBX 0.25 ($0.00).
Global Petroleum Stock Performance
The firm has a market cap of £10.36 million, a PE ratio of -1.57 and a beta of 0.75. The firm has a fifty day simple moving average of GBX 0.14 and a two-hundred day simple moving average of GBX 0.09.
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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