Shares of Global Petroleum Limited (LON:GBP – Get Free Report) rose 86.7% during trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 280,235,396 shares traded hands during trading, an increase of 611% from the average daily volume of 39,398,383 shares. The stock had previously closed at GBX 0.08 ($0.00).
Global Petroleum Stock Up 86.7 %
The company’s fifty day simple moving average is GBX 0.07 and its 200 day simple moving average is GBX 0.09. The stock has a market capitalization of £2.73 million, a price-to-earnings ratio of -1.57 and a beta of 1.09.
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.
Further Reading
- Five stocks we like better than Global Petroleum
- How to Calculate Inflation Rate
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- How to Invest in the FAANG Stocks
- Hilton Demonstrates Asset Light is Right for Investors
- What Makes a Stock a Good Dividend Stock?
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
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.
