Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $0.09 and traded as high as $0.10. Royale Energy shares last traded at $0.10, with a volume of 14,952 shares trading hands.
Royale Energy Trading Down 29.4%
The company has a 50 day moving average price of $0.09 and a 200 day moving average price of $0.07. The company has a market capitalization of $6.09 million, a price-to-earnings ratio of -2.10 and a beta of -0.93.
Royale Energy (OTCMKTS:ROYL – Get Free Report) last issued its quarterly earnings results on Friday, November 13th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter.
About Royale Energy
Royale Energy, Inc. is an independent oil and natural gas exploration and production company. The company has historically focused on acquiring, exploring, developing and operating oil and gas properties in the United States. Royale Energy’s activities have included drilling and completing wells, managing producing properties, and pursuing additional exploration opportunities. Its operations have primarily been associated with California, including the Sacramento and San Joaquin basins, with historical interests also reported in other U.S. regions.
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