Allied Resources (OTCMKTS:ALOD) Releases Earnings Results

Allied Resources (OTCMKTS:ALOD) posted its quarterly earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, Zacks reports. Allied Resources had a negative net margin of 22.31% and a negative return on equity of 2.80%.

Allied Resources Price Performance

OTCMKTS ALOD remained flat at $0.25 on Wednesday. The stock has a market cap of $1.41 million, a PE ratio of -25.00 and a beta of 0.51. Allied Resources has a 1-year low of $0.08 and a 1-year high of $0.27. The stock has a 50 day moving average price of $0.24 and a 200 day moving average price of $0.16.

Allied Resources Company Profile

Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas.