Royale Energy (OTCMKTS:ROYL) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.05 and traded as high as $0.07. Royale Energy shares last traded at $0.05, with a volume of 6,535 shares changing hands.

Royale Energy Stock Performance

The company has a fifty day moving average of $0.05 and a two-hundred day moving average of $0.05. The company has a market cap of $4.59 million, a price-to-earnings ratio of -1.30 and a beta of 0.04.

Royale Energy Company Profile

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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.

Further Reading

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