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

Saratoga Resources, Inc. (OTCMKTS:SARAGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.01 and traded as high as $0.02. Saratoga Resources shares last traded at $0.02, with a volume of 1,500 shares.

Saratoga Resources Trading Up 50.0 %

The firm has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $0.01.

About Saratoga Resources

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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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