Upland Resources (LON:UPL) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Upland Resources Limited (LON:UPLGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.47 ($0.02) and traded as low as GBX 1.06 ($0.01). Upland Resources shares last traded at GBX 1.08 ($0.01), with a volume of 4,206,803 shares.

Upland Resources Price Performance

The company’s fifty day simple moving average is GBX 1.18 and its 200-day simple moving average is GBX 1.47. The firm has a market capitalization of £14.77 million, a PE ratio of -6.27 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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