Reserve Petroleum (OTCMKTS:RSRV) Shares Down 4.7% – Here’s What Happened

Shares of The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) were down 4.7% during mid-day trading on Thursday . The company traded as low as $162.00 and last traded at $162.00. Approximately 1 shares traded hands during trading, a decline of 100% from the average daily volume of 201 shares. The stock had previously closed at $170.00.

Reserve Petroleum Stock Performance

The business has a fifty day simple moving average of $163.15 and a 200 day simple moving average of $170.63.

Reserve Petroleum (OTCMKTS:RSRVGet Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported $6.83 earnings per share (EPS) for the quarter. The company had revenue of $3.88 million for the quarter.

Reserve Petroleum Company Profile

(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.

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