Shares of Allied Resources, Inc. (OTCMKTS:ALOD – Get Free Report) traded up 47.1% during trading on Wednesday . The company traded as high as $0.13 and last traded at $0.13. 470 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 5,600 shares. The stock had previously closed at $0.09.
Allied Resources Trading Up 47.1 %
The stock’s fifty day simple moving average is $0.11 and its 200 day simple moving average is $0.12. The company has a market cap of $706,625.00, a price-to-earnings ratio of -3.13 and a beta of 0.54.
About Allied Resources
Allied Resources, Inc, an independent oil and natural gas producer, engages in the exploration, development, production, and sale of oil and gas in the United States. It owns varying interests in a total of 145 wells situated on acreage of approximately 3,400 acres in Ritchie and Calhoun counties, West Virginia; and 10 wells situated on acreage of approximately 2,510 acres in Goliad, Edwards, and Jackson counties, Texas.
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