Global Petroleum (LON:GBP) Stock Crosses Below 200-Day Moving Average – Here’s Why

Global Petroleum Limited (LON:GBPGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.19 ($0.00) and traded as low as GBX 0.13 ($0.00). Global Petroleum shares last traded at GBX 0.13 ($0.00), with a volume of 23,784,105 shares traded.

Global Petroleum Stock Up 2.3 %

The firm has a market cap of £7.87 million, a P/E ratio of -3.18 and a beta of 0.75. The business has a fifty day moving average of GBX 0.18 and a 200 day moving average of GBX 0.19.

Global Petroleum Company Profile

(Get Free Report)

Global Petroleum Limited is an oil and gas, upstream exploration company presently focused on Africa and the Mediterranean. The Company’s principal assets are two exploration blocks located offshore Namibia. Its primary listing is on the Australian Securities Exchange (ASX) with a secondary listing on the AIM Market of the London Stock Exchange (AIM).

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 MarketBeat.com's FREE daily email newsletter.