Global Petroleum (LON:GBP) Share Price Crosses Below Two Hundred Day Moving Average of $0.35

Global Petroleum Limited (LON:GBPGet 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

(Get Rating)

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.

Featured Stories

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's FREE daily email newsletter.