Royale Energy (OTCMKTS:ROYL) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.05 and traded as high as $0.05. Royale Energy shares last traded at $0.05, with a volume of 19,404 shares.

Royale Energy Price Performance

The company has a market capitalization of $3.53 million, a price-to-earnings ratio of -1.00 and a beta of 0.04. The firm has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05.

About Royale Energy

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Royale Energy, Inc acquires, explores for, develops, produces, and sells oil and natural gas properties in the United States. Its principal operations are located in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Colorado. Royale Energy, Inc was incorporated in 1986 and is based in El Cajon, California.

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