Saratoga Resources (OTCMKTS:SARA) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Saratoga Resources, Inc. (OTCMKTS:SARAGet Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 Price Performance

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

Saratoga Resources Company Profile

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Saratoga Resources, Inc, an independent oil and natural gas company, acquires, exploits, develops, and produces crude oil and natural gas properties in the United States. Its properties consist of approximately 51,500 acres under leases, including 31,700 acres gross/net located in the transitional coastline in protected in-bay environments on parish and state leases in south Louisiana; and 19,800 acres gross/net under federal leases in the shallow Gulf of Mexico shelf.

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