Global Petroleum (LON:GBP) Stock Price Down 5.4% – What’s Next?

Global Petroleum Limited (LON:GBPGet Free Report) traded down 5.4% during mid-day trading on Wednesday . The stock traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00). 42,377,629 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 105,240,617 shares. The stock had previously closed at GBX 0.15 ($0.00).

Global Petroleum Price Performance

The firm has a market capitalization of £8.11 million, a price-to-earnings ratio of -3.28 and a beta of 0.75. The firm has a 50 day moving average price of GBX 0.21 and a 200-day moving average price of GBX 0.19.

Global Petroleum Company Profile

(Get Free Report)

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).

Recommended Stories

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.