Saratoga Resources (OTCMKTS:SARA) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened
by Kim Johansen · The Markets DailySaratoga Resources, Inc. (OTCMKTS:SARA – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.01 and traded as high as $0.0150. Saratoga Resources shares last traded at $0.0150, with a volume of 1,500 shares changing hands.
Saratoga Resources Stock Performance
The stock has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $0.01.
About Saratoga Resources
Saratoga Resources Inc is an independent oil and gas exploration and production company based in Denver, Colorado. Founded in 2007, the company focuses on the acquisition, development and optimization of conventional hydrocarbon resources in onshore basins. Its primary asset base is located in southeastern Trinidad and Tobago, where it holds working interests in multiple producing and development blocks.
The company’s operations center on mature field redevelopment and appraisal drilling.