Upland Resources (LON:UPL) Stock Price Down 8.3% – Here’s Why

Upland Resources Limited (LON:UPLGet Free Report)’s share price dropped 8.3% during trading on Wednesday . The stock traded as low as GBX 2.83 and last traded at GBX 2.96. 10,730,126 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 6,941,657 shares. The stock had previously closed at GBX 3.23.

Upland Resources Price Performance

The stock has a market capitalization of £49.90 million, a PE ratio of -24.08 and a beta of 1.89. The business has a 50 day moving average price of GBX 2.86 and a 200 day moving average price of GBX 3.02.

Upland Resources (LON:UPLGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX (0.12) 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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