Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.07 and traded as high as $0.10. Royale Energy shares last traded at $0.10, with a volume of 7,982 shares.
Royale Energy Stock Up 30.8%
The stock has a market capitalization of $8.21 million, a P/E ratio of -2.83 and a beta of -0.33. The firm’s 50-day simple moving average is $0.09 and its 200 day simple moving average is $0.07.
Royale Energy Company Profile
Royale Energy Corp. (OTCMKTS: ROYL) is an independent oil and gas exploration and production company focused on the acquisition, development and operation of onshore hydrocarbon properties in the western United States.
The company’s asset portfolio includes producing oil and gas fields in California’s Bakersfield and Santa Maria basins, alongside exploration and appraisal acreage in Utah and Nevada. Royale Energy’s activities span drilling, completion and production optimization, employing both conventional well stimulation and modern recovery techniques.
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