Saturn Oil & Gas (OTCMKTS:OILSF) Trading Up 1% – Time to Buy?

Saturn Oil & Gas Inc. (OTCMKTS:OILSF)’s stock price was up 1% during mid-day trading on Monday . The stock traded as high as $1.9080 and last traded at $1.9080. Approximately 6,066 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 29,513 shares. The stock had previously closed at $1.89.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OILSF shares. National Bankshares restated a “sector perform” rating on shares of Saturn Oil & Gas in a research note on Tuesday, September 9th. Roth Capital started coverage on Saturn Oil & Gas in a research report on Monday, July 14th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Saturn Oil & Gas Price Performance

The firm has a 50-day moving average price of $1.91 and a 200 day moving average price of $1.64.

Saturn Oil & Gas Company Profile

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.