Koil Energy Solutions (OTCMKTS:DPDW) Stock Crosses Above 50-Day Moving Average – Here’s Why

Koil Energy Solutions, Inc. (OTCMKTS:DPDWGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.21 and traded as high as $2.38. Koil Energy Solutions shares last traded at $2.25, with a volume of 19,395 shares trading hands.

Koil Energy Solutions Stock Down 3.4 %

The business’s 50 day moving average is $2.22 and its 200-day moving average is $1.80. The firm has a market capitalization of $29.48 million, a P/E ratio of -45.00 and a beta of 0.90.

About Koil Energy Solutions

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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.

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