Biloxi Marsh Lands (OTCMKTS:BLMC) Trading 0.8% Higher – Time to Buy?

Biloxi Marsh Lands Corp. (OTCMKTS:BLMCGet Free Report) shares rose 0.8% on Monday . The company traded as high as $2.00 and last traded at $1.90. Approximately 2,500 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 1,931 shares. The stock had previously closed at $1.8850.

Biloxi Marsh Lands Trading Up 0.8%

The firm has a market capitalization of $4.76 million, a PE ratio of -23.75 and a beta of -1.70. The stock has a 50 day simple moving average of $1.88 and a 200 day simple moving average of $2.09.

About Biloxi Marsh Lands

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Biloxi Marsh Lands Corporation engages in the exploration, development, and production of oil and natural gas properties. It owns approximately 90,000 acres of surface, subsurface, and minerals in St. Bernard Parish, Louisiana. The company was incorporated in 1936 and is based in Metairie, Louisiana.

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