Allied Resources, Inc. (OTCMKTS:ALOD – Get Free Report) shares shot up 47.1% 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 Stock Up 47.1 %
The business’s 50-day simple moving average is $0.11 and its two-hundred day simple moving average is $0.12. The firm 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.
Featured Articles
- Five stocks we like better than Allied Resources
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- 3 Warren Buffett Stocks to Buy Now
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- How to buy stock: A step-by-step guide for beginners
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Allied Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Resources and related companies with MarketBeat.com's FREE daily email newsletter.
