The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) dropped 6.2% during mid-day trading on Thursday . The company traded as low as $151.96 and last traded at $151.96. Approximately 10 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 234 shares. The stock had previously closed at $162.03.
Reserve Petroleum Stock Up 12.5 %
The firm’s 50 day simple moving average is $161.93 and its 200 day simple moving average is $164.39.
Reserve Petroleum Company Profile
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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