Allied Resources (OTCMKTS:ALOD) Stock Price Up 9.4%

Allied Resources, Inc. (OTCMKTS:ALODGet Rating)’s stock price rose 9.4% during trading on Tuesday . The stock traded as high as $0.29 and last traded at $0.29. Approximately 1,000 shares traded hands during trading, an increase of 1,900% from the average daily volume of 50 shares. The stock had previously closed at $0.27.

Allied Resources Stock Performance

The firm’s 50 day moving average price is $0.27 and its 200 day moving average price is $0.27.

Allied Resources Company Profile

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Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas.

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