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

Saratoga Resources, Inc. (OTCMKTS:SARAGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Saratoga Resources Trading Up 50.0 %

The firm’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $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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