Koil Energy Solutions (OTCMKTS:DPDW) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Koil Energy Solutions, Inc. (OTCMKTS:DPDW)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.33 and traded as low as $2.05. Koil Energy Solutions shares last traded at $2.1225, with a volume of 72,385 shares trading hands.

Koil Energy Solutions Trading Up 4.0%

The stock has a fifty day simple moving average of $2.14 and a 200-day simple moving average of $2.33. The company has a market capitalization of $27.81 million, a PE ratio of -42.45 and a beta of 0.90.

About Koil Energy Solutions

Koil Energy Solutions, Inc, an energy services company, provides equipment and support services to the energy and offshore industries. It offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operations services; well-commissioning services; and construction support services. The company also provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subsea equipment, as well as support services for offshore interventions.