Saratoga Resources (OTCMKTS:SARA) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

by · The Markets Daily

Saratoga Resources, Inc. (OTCMKTS:SARA – Get Free Report) passed above its 200-day moving average during trading on Thursday . 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 Trading Up 50.0%

The stock’s 50-day simple moving average is $0.02 and its 200-day simple moving average is $0.01.

Saratoga Resources Company Profile

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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.

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