Shares of Global Petroleum Limited (LON:GBP – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.24 ($0.00) and traded as high as GBX 0.31 ($0.00). Global Petroleum shares last traded at GBX 0.31 ($0.00), with a volume of 35,723,137 shares.
Global Petroleum Trading Up 5.8 %
The stock has a market cap of £12.12 million, a P/E ratio of -1.57 and a beta of 0.75. The stock’s fifty day moving average price is GBX 0.24 and its 200 day moving average price is GBX 0.15.
About Global Petroleum
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).
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