Shares of Global Petroleum Limited (LON:GBP) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as low as $1.11. Global Petroleum shares last traded at $1.11, with a volume of 40,711 shares traded.
The stock has a market cap of $2.43 million and a price-to-earnings ratio of -1.33. The company has a fifty day simple moving average of GBX 1.31.
About Global Petroleum (LON:GBP)
Global Petroleum Limited engages in the exploration of oil and gas properties in Africa. The company primarily owns a 85% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,810 square kilometers, and 2011A covering an area of 5,798 square kilometers located in the Republic of Namibia.
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