The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report)’s stock price dropped 7.6% during mid-day trading on Friday . The stock traded as low as $157.00 and last traded at $157.00. Approximately 71 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 140 shares. The stock had previously closed at $170.00.
Reserve Petroleum Price Performance
The firm has a 50 day moving average of $160.71 and a 200-day moving average of $166.07.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $11.71 EPS for the quarter. The business had revenue of $4.31 million for the quarter.
About Reserve Petroleum
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.
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