Biloxi Marsh Lands (OTCMKTS:BLMC) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Biloxi Marsh Lands Co. (OTCMKTS:BLMCGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.73 and traded as low as $2.80. Biloxi Marsh Lands shares last traded at $2.80, with a volume of 331 shares.

Biloxi Marsh Lands Price Performance

The company has a market capitalization of $7.01 million, a P/E ratio of 93.33 and a beta of -0.90. The stock’s 50 day moving average is $2.99 and its 200-day moving average is $3.73.

Biloxi Marsh Lands (OTCMKTS:BLMCGet Free Report) last released its quarterly earnings results on Tuesday, December 17th. The energy company reported $0.11 earnings per share (EPS) for the quarter.

About Biloxi Marsh Lands

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Biloxi Marsh Lands Corporation engages in the exploration, development, and production of oil and natural gas properties. It owns approximately 90,000 acres of surface, subsurface, and minerals in St. Bernard Parish, Louisiana. The company was incorporated in 1936 and is based in Metairie, Louisiana.

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