Upland Resources (LON:UPL) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Upland Resources Limited (LON:UPLGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 1.35 ($0.02) and traded as low as GBX 0.93 ($0.01). Upland Resources shares last traded at GBX 0.96 ($0.01), with a volume of 4,253,461 shares changing hands.

Upland Resources Stock Performance

The company has a market capitalization of £13.60 million, a PE ratio of -6.61 and a beta of 2.02. The company’s 50-day moving average is GBX 1.35 and its 200 day moving average is GBX 1.22.

About Upland Resources

(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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