Pacific Coast Oil Trust (OTCMKTS:ROYTL) Trading Down 7.4% – Here’s Why

Shares of Pacific Coast Oil Trust (OTCMKTS:ROYTLGet Free Report) dropped 7.4% on Friday . The company traded as low as $0.25 and last traded at $0.25. Approximately 4,200 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 12,192 shares. The stock had previously closed at $0.27.

Pacific Coast Oil Trust Stock Performance

The company has a 50 day moving average price of $0.27 and a 200-day moving average price of $0.26.

About Pacific Coast Oil Trust

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Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California.

Further Reading

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