Allied Resources (OTCMKTS:ALOD) Posts Earnings Results

Allied Resources (OTCMKTS:ALOD) issued its quarterly earnings data on Monday. The company reported ($0.01) EPS for the quarter, Zacks reports. Allied Resources had a negative return on equity of 10.45% and a negative net margin of 145.27%. The company had revenue of $0.03 million during the quarter.

Allied Resources Price Performance

OTCMKTS:ALOD opened at $0.12 on Wednesday. Allied Resources has a 52 week low of $0.09 and a 52 week high of $0.20. The stock’s fifty day moving average is $0.12 and its two-hundred day moving average is $0.13. The stock has a market capitalization of $650,095.00, a price-to-earnings ratio of -2.88 and a beta of 0.37.

Allied Resources Company Profile

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.