Upland Resources (LON:UPL) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Upland Resources Limited (LON:UPLGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1.34 ($0.02) and traded as low as GBX 1.31 ($0.02). Upland Resources shares last traded at GBX 1.40 ($0.02), with a volume of 4,751,776 shares traded.

Upland Resources Trading Up 0.4 %

The company has a market capitalization of £18.62 million, a price-to-earnings ratio of -9.05 and a beta of 2.02. The firm has a 50-day simple moving average of GBX 1.34 and a two-hundred day simple moving average of GBX 1.23.

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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