Reserve Petroleum (OTCMKTS:RSRV) Shares Down 6.2% – Time to Sell?

Shares of The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) were down 6.2% during trading on Thursday . The company traded as low as $151.96 and last traded at $151.96. Approximately 10 shares changed hands 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 Down 6.2 %

The stock’s 50 day moving average price is $161.71 and its 200 day moving average price is $164.42.

About Reserve Petroleum

(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.

Further Reading

Receive News & Ratings for Reserve Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reserve Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.