Global Petroleum Limited (LON:GBP – Get Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.35 ($0.00) and traded as low as GBX 0.27 ($0.00). Global Petroleum shares last traded at GBX 0.28 ($0.00), with a volume of 7,334,842 shares.
Global Petroleum Trading Down 3.5 %
The company has a market cap of £2.86 million, a price-to-earnings ratio of -1.57 and a beta of 0.84. The firm has a 50-day moving average price of GBX 0.33 and a 200 day moving average price of GBX 0.35.
Global Petroleum Company Profile
Global Petroleum Limited, together with its subsidiaries, explores for oil and gas properties in Africa. The company primarily owns an 78% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,798square kilometers located in Walvis Basin, Namibia.
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