Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 6,098 shares changing hands.
Royale Energy Price Performance
The company has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.07. The stock has a market capitalization of $9.66 million, a PE ratio of -3.33 and a beta of -0.23.
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) EPS for the quarter. The firm had revenue of $0.68 million for the quarter.
About Royale Energy
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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