Reserve Petroleum (OTCMKTS:RSRV) Stock Price Up 2.4% – What’s Next?

The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) shares shot up 2.4% during mid-day trading on Wednesday . The company traded as high as $163.83 and last traded at $163.83. 220 shares were traded during trading, a decline of 9% from the average session volume of 242 shares. The stock had previously closed at $160.00.

Reserve Petroleum Price Performance

The business’s fifty day moving average price is $163.68 and its 200 day moving average price is $166.65.

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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