Pacific Coast Oil Trust (OTCMKTS:ROYTL) Trading Down 7.5% – Here’s Why

Pacific Coast Oil Trust (OTCMKTS:ROYTLGet Free Report) was down 7.5% during mid-day trading on Friday . The stock traded as low as $0.19 and last traded at $0.19. Approximately 56,100 shares traded hands during mid-day trading, an increase of 183% from the average daily volume of 19,827 shares. The stock had previously closed at $0.20.

Pacific Coast Oil Trust Trading Down 7.5 %

The firm’s fifty day moving average price is $0.28 and its 200-day moving average price is $0.31.

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.

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