Saratoga Resources (OTCMKTS:SARA) Shares Cross Above 200 Day Moving Average – Here’s Why

Saratoga Resources, Inc. (OTCMKTS:SARA – Get Free Report)’s share price passed 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 trading hands.

Saratoga Resources Stock Up 50.0%

The firm’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.01.

Saratoga Resources Company Profile

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Saratoga Resources, Inc was an independent oil and natural gas exploration and production company focused primarily on properties in the Gulf Coast region of the United States. Its activities included the acquisition, development, exploration and operation of oil and natural gas assets, with an emphasis on properties in and around the state waters and onshore areas of Louisiana.

The company’s operations centered on producing crude oil, natural gas and related hydrocarbons from its portfolio of Gulf Coast properties.

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