Saturn Oil & Gas (OTCMKTS:OILSF) Trading Down 6.9% – Here’s What Happened

Saturn Oil & Gas Inc. (OTCMKTS:OILSFGet Free Report) dropped 6.9% on Friday . The company traded as low as $1.87 and last traded at $1.87. Approximately 13,305 shares were traded during trading, a decline of 56% from the average daily volume of 30,261 shares. The stock had previously closed at $2.01.

Analysts Set New Price Targets

A number of research firms have recently weighed in on OILSF. Roth Capital began coverage on Saturn Oil & Gas in a report on Monday, July 14th. They set a “buy” rating for the company. National Bankshares reiterated a “sector perform” rating on shares of Saturn Oil & Gas in a report on Tuesday, September 9th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Saturn Oil & Gas

Saturn Oil & Gas Trading Down 6.9%

The company has a 50 day moving average of $1.91 and a 200-day moving average of $1.55.

Saturn Oil & Gas Company Profile

(Get Free Report)

Saturn Oil & Gas Inc engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada. It is involved in the exploration and development of light oil assets in the Oxbow area of Southeast Saskatchewan; Viking light oil assets in West-Central Saskatchewan; Cardium light oil assets in Central Alberta; Montney and Swan Hills light oil in North Alberta.

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