Saratoga Resources (OTCMKTS:SARA) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Saratoga Resources, Inc. (OTCMKTS:SARA) crossed above its 200-day moving average during trading on Monday . 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 Performance

The company’s 50-day moving average price is $0.02 and its 200 day moving average price is $0.01.

Saratoga Resources Company Profile

Saratoga Resources Inc is an independent oil and gas exploration and production company based in Denver, Colorado. Founded in 2007, the company focuses on the acquisition, development and optimization of conventional hydrocarbon resources in onshore basins. Its primary asset base is located in southeastern Trinidad and Tobago, where it holds working interests in multiple producing and development blocks.

The company’s operations center on mature field redevelopment and appraisal drilling.