Reserve Petroleum (OTCMKTS:RSRV) Stock Price Down 4.7% – Time to Sell?

by · The Cerbat Gem

The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) shares dropped 4.7% on Thursday . The stock traded as low as $162.00 and last traded at $162.00. Approximately 1 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 201 shares. The stock had previously closed at $170.00.

Reserve Petroleum Stock Down 4.7 %

The stock has a 50 day moving average of $163.15 and a 200-day moving average of $170.63.

Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $6.83 earnings per share (EPS) for the quarter. The business had revenue of $3.88 million during the quarter.

Reserve Petroleum Company Profile

(Get Free Report)

The Reserve Petroleum Company, an independent oil and gas company, engages in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming. It owns producing properties and non-producing mineral interests in the north and south-central United States.

Recommended Stories