Upland Resources (LON:UPL) Trading 18.1% Higher – Here’s Why

Upland Resources Limited (LON:UPLGet Free Report)’s stock price shot up 18.1% during mid-day trading on Thursday . The stock traded as high as GBX 1.24 ($0.02) and last traded at GBX 1.24 ($0.02). 9,285,122 shares changed hands during trading, an increase of 11% from the average session volume of 8,345,464 shares. The stock had previously closed at GBX 1.05 ($0.01).

Upland Resources Price Performance

The firm has a market capitalization of £16.33 million, a PE ratio of -7.93 and a beta of 2.02. The company has a fifty day moving average of GBX 1.02 and a 200-day moving average of GBX 1.16.

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

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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