Global Petroleum Limited (LON:GBP – Get Free Report)’s stock price rose 11.5% during trading on Friday . The company traded as high as GBX 0.29 ($0.00) and last traded at GBX 0.29 ($0.00). Approximately 16,481,359 shares were traded during trading, a decline of 81% from the average daily volume of 86,750,352 shares. The stock had previously closed at GBX 0.26 ($0.00).
Global Petroleum Trading Up 10.0 %
The company has a market cap of £11.18 million, a price-to-earnings ratio of -1.57 and a beta of 0.75. The business has a fifty day moving average of GBX 0.24 and a two-hundred day moving average of GBX 0.14.
Global Petroleum Company Profile
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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