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

The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) traded down 6.2% during mid-day trading on Thursday . The stock traded as low as $151.96 and last traded at $151.96. 10 shares were traded during trading, a decline of 96% from the average session volume of 234 shares. The stock had previously closed at $162.03.

Reserve Petroleum Stock Down 6.2 %

The stock’s fifty day simple moving average is $161.71 and its 200 day simple moving average is $164.42.

About Reserve Petroleum

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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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