Royale Energy (OTCMKTS:ROYL) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.05 and traded as high as $0.06. Royale Energy shares last traded at $0.06, with a volume of 2,893 shares traded.

Royale Energy Stock Up 23.0 %

The stock has a market capitalization of $4.34 million, a price-to-earnings ratio of -1.23 and a beta of 0.04. The stock has a fifty day moving average of $0.05 and a 200-day moving average of $0.05.

Royale Energy Company Profile

(Get Free Report)

Royale Energy, Inc acquires, explores for, develops, produces, and sells oil and natural gas properties in the United States. Its principal operations are located in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Colorado. Royale Energy, Inc was incorporated in 1986 and is based in El Cajon, California.

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