Upland Resources (LON:UPL) Trading Down 14.1% – Here’s Why

Upland Resources Limited (LON:UPLGet Free Report) shares were down 14.1% during trading on Monday . The stock traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.25 ($0.02). Approximately 7,674,461 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 7,804,520 shares. The stock had previously closed at GBX 1.46 ($0.02).

Upland Resources Stock Performance

The stock’s 50-day simple moving average is GBX 1.36 and its two-hundred day simple moving average is GBX 1.23. The stock has a market cap of £15.67 million, a price-to-earnings ratio of -7.61 and a beta of 2.02.

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.

Further Reading

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