Upland Resources (LON:UPL) Trading Down 4.5% – Here’s What Happened

Shares of Upland Resources Limited (LON:UPL) were down 4.5% during trading on Thursday . The company traded as low as GBX 1.05 ($0.01) and last traded at GBX 1.05 ($0.01). Approximately 12,858,001 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 14,226,790 shares. The stock had previously closed at GBX 1.10 ($0.01).

Upland Resources Trading Up 2.4 %

The stock has a market cap of £14.73 million, a P/E ratio of -6.27 and a beta of 2.02. The stock’s fifty day moving average price is GBX 1.14 and its 200 day moving average price is GBX 2.34.

Insider Activity at Upland Resources

In other news, insider Aimi Nasharuddin purchased 1,000,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was purchased at an average price of GBX 120 ($1.57) per share, with a total value of £1,200,000 ($1,566,988.77). Insiders have bought a total of 2,900,000 shares of company stock valued at $121,900,000 over the last 90 days. 33.79% of the stock is owned by insiders.

Upland Resources Company Profile

Upland Resources Limited is a principal investment firm specializing in farm-ins and applications for open acreage. The firm seeks to invest in the oil and gas exploration and production sectors. Upland Resources Limited was founded in 2012 and is based in Saint Helier, Jersey with an additional office in Ashbourne, United Kingdom.