The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report)’s stock price shot up 2.4% during mid-day trading on Wednesday . The stock traded as high as $163.83 and last traded at $163.83. 220 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 242 shares. The stock had previously closed at $160.00.
Reserve Petroleum Stock Performance
The firm’s 50-day simple moving average is $163.68 and its 200 day simple moving average is $166.65.
About Reserve Petroleum
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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