Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.04 and traded as high as $0.0689. Royale Energy shares last traded at $0.0666, with a volume of 172,126 shares changing hands.
Royale Energy Stock Performance
The stock’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.04. The company has a market capitalization of $6.66 million, a price-to-earnings ratio of -2.30 and a beta of -0.76.
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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