Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty 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.
Royale Energy Trading Up 11.2%
The stock has a market cap of $9.66 million, a price-to-earnings ratio of -3.33 and a beta of -0.93. The stock’s 50-day simple moving average is $0.09 and its 200-day simple moving average is $0.07.
Royale Energy (OTCMKTS:ROYL – Get Free Report) last posted its quarterly earnings data on Friday, August 28th. The oil and gas producer reported ($0.01) earnings per share for the quarter. The company had revenue of $0.68 million 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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