Upland Resources (LON:UPL) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Upland Resources Limited (LON:UPLGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 3.08 and traded as low as GBX 3.02. Upland Resources shares last traded at GBX 3.30, with a volume of 5,147,612 shares changing hands.

Upland Resources Trading Up 4.8%

The stock has a market cap of £53.69 million, a price-to-earnings ratio of 8.46 and a beta of 2.02. The firm’s 50 day moving average is GBX 3.08 and its two-hundred day moving average is GBX 2.46.

Upland Resources Company Profile

(Get Free Report)

The Company is focused on opportunities in South-East Asia with an initial emphasis on Sarawak.
Over the last 7 years the Company has developed an opportunity on a block in Northern Sarawak, block SK334.
Upland has an exceptional team and is working with leading oil and gas contractors to effectively, and with the minimum risk, evolve its prospects.

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