Royale Energy (OTCMKTS:ROYL) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Royale Energy, Inc. (OTCMKTS:ROYL)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

Royale Energy Trading Up 20.8 %

The stock’s 50-day moving average price is $0.05 and its 200-day moving average price is $0.05. The stock 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

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.