Global Petroleum (LON:GBP) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Global Petroleum Limited (LON:GBPGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.19 ($0.00) and traded as low as GBX 0.14 ($0.00). Global Petroleum shares last traded at GBX 0.14 ($0.00), with a volume of 42,661,945 shares changing hands.

Global Petroleum Trading Down 10.1 %

The stock has a market capitalization of £7.99 million, a PE ratio of -3.23 and a beta of 0.75. The firm’s fifty day moving average is GBX 0.22 and its 200-day moving average is GBX 0.19.

About Global Petroleum

(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).

See Also

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.