Allied Resources (OTCMKTS:ALOD) Shares Down 9.3%

during mid-day trading, a decline of 97% from the average daily volume of 78,499 shares. The stock had previously closed at $0.23. The stock drops 9.3% due to a decline in trading volume by 97%.

Shares of ) fell 9.3% in trading on Wednesday. The stock was traded as low at $0.21, and it last traded for $0.21. Around 2,200 shares were traded during the trading session, a 28% increase from the daily average of 1,725. Stock had closed previously at $0.24.

Allied Resources Stock Performance

The company's 50-day simple moving median is $0.24, and its 200-day simple moving median is $0.26.

About Allied Resources

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Allied Resources, Inc. is an independent producer of oil and gas. The company is engaged in exploration, development and production of oil and natural gas. The firm's properties are in West Virginia, Calhoun County, Ritchie County, and Goliad & Edwards Counties in Texas. The company was established on April 15, 1978 and has its headquarters in Salt Lake City. offers a FREE daily email newsletter