Global Petroleum Limited (LON:GBP – Get Free Report)’s stock price was up 1.3% during trading on Thursday . The stock traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 112,669,297 shares were traded during mid-day trading, an increase of 92% from the average daily volume of 58,535,633 shares. The stock had previously closed at GBX 0.08 ($0.00).
Global Petroleum Stock Performance
The company’s 50 day moving average price is GBX 0.07 and its 200 day moving average price is GBX 0.07. The company has a market cap of £3.52 million, a price-to-earnings ratio of -1.57 and a beta of 0.56.
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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