Global Petroleum (LON:GBP) Reaches New 52-Week Low at $0.04

Global Petroleum Limited (LON:GBPGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 44806411 shares traded. The stock had previously closed at GBX 0.06 ($0.00).

Global Petroleum Price Performance

The company has a market capitalization of £877,500.00, a PE ratio of -1.57 and a beta of 1.16. The stock’s 50 day simple moving average is GBX 0.11 and its 200-day simple moving average is GBX 0.10.

About Global Petroleum

(Get Free Report)

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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