BILOXI MARSH LA/SH (OTCMKTS:BLMC) Share Price Passes Below 200 Day Moving Average of $5.10

Shares of BILOXI MARSH LA/SH (OTCMKTS:BLMC) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.10 and traded as low as $3.25. BILOXI MARSH LA/SH shares last traded at $4.60, with a volume of 1,500 shares changing hands.

The business’s fifty day simple moving average is $4.53 and its 200-day simple moving average is $5.09.

BILOXI MARSH LA/SH (OTCMKTS:BLMC) last issued its earnings results on Wednesday, August 7th. The energy company reported ($0.15) earnings per share (EPS) for the quarter.

About BILOXI MARSH LA/SH (OTCMKTS:BLMC)

Biloxi Marsh Lands Corporation explores for and develops oil and gas properties in Louisiana and Texas. The company owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. As of December 31, 2017, it had proved reserves of approximately 4.7 billion cubic feet of natural gas, approximately 101 thousand barrels of oil, and approximately 26.6 thousand barrels of natural gas liquids.

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