The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) shares passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $215.46 and traded as low as $215.00. Reserve Petroleum shares last traded at $215.00, with a volume of 12 shares changing hands.
Reserve Petroleum Stock Performance
The business has a 50-day moving average of $223.65 and a 200 day moving average of $215.46.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last released its earnings results on Friday, August 14th. The company reported $16.82 earnings per share (EPS) for the quarter. The firm had revenue of $6.07 million during the quarter.
Reserve Petroleum Company Profile
Reserve Petroleum Corporation is an oil and natural gas company whose business activities have centered on the acquisition, exploration, development and production of domestic oil and natural gas properties. The company has also held interests in producing wells and related oil and gas assets. Reserve Petroleum has historically operated as an independent energy company, with its activities focused on managing and developing petroleum interests rather than providing energy services or selling finished products directly to consumers.
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