Shares of Royale Energy, Inc. (OTCMKTS:ROYL – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.05 and traded as high as $0.06. Royale Energy shares last traded at $0.05, with a volume of 16,128 shares changing hands.
Royale Energy Price Performance
The firm’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.05. The company has a market capitalization of $3.25 million, a price-to-earnings ratio of -0.92 and a beta of 0.10.
About Royale Energy
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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