Upland Resources (LON:UPL) Shares Down 10.1% – Should You Sell?
by Scott Moore · The Cerbat GemShares of Upland Resources Limited (LON:UPL – Get Free Report) fell 10.1% during trading on Friday . The stock traded as low as GBX 2.82 and last traded at GBX 2.82. 4,241,368 shares were traded during trading, a decline of 35% from the average daily volume of 6,519,274 shares. The stock had previously closed at GBX 3.14.
Upland Resources Price Performance
The firm’s 50 day simple moving average is GBX 2.93 and its two-hundred day simple moving average is GBX 2.98. The firm has a market capitalization of £48.76 million, a P/E ratio of -23.53 and a beta of 1.86.
Upland Resources (LON:UPL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported GBX (0.12) earnings per share (EPS) for the quarter.
About Upland Resources
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.