Upland Resources (LON:UPL) Shares Pass Below 50-Day Moving Average – Should You Sell?

Upland Resources Limited (LON:UPLGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1.09 ($0.01) and traded as low as GBX 0.85 ($0.01). Upland Resources shares last traded at GBX 0.87 ($0.01), with a volume of 2,204,669 shares traded.

Upland Resources Stock Down 1.1%

The business’s 50-day moving average price is GBX 1.09 and its 200 day moving average price is GBX 1.18. The company has a market capitalization of £11.89 million, a P/E ratio of -5.78 and a beta of 2.02.

Upland Resources (LON:UPLGet Free Report) last posted its earnings results on Wednesday, April 30th. The company reported GBX (0.11) ($0.00) earnings per share (EPS) for the quarter.

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.

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