Global Petroleum (LON:GBP) Stock Price Up 10%

Global Petroleum Limited (LON:GBPGet Free Report)’s stock price traded up 10% during mid-day trading on Thursday . The stock traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 26,010,114 shares changed hands during trading, a decline of 41% from the average session volume of 44,177,570 shares. The stock had previously closed at GBX 0.08 ($0.00).

Global Petroleum Stock Up 10.0 %

The firm has a market cap of Ā£1.61 million, a price-to-earnings ratio of -1.57 and a beta of 1.09. The stock’s 50-day moving average price is GBX 0.07 and its 200 day moving average price is GBX 0.09.

Global Petroleum Company Profile

(Get Free Report)

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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