Koil Energy Solutions (OTCMKTS:DPDW) Shares Pass Below 200 Day Moving Average – Time to Sell?

Shares of Koil Energy Solutions, Inc. (OTCMKTS:DPDW) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.36 and traded as low as $1.90. Koil Energy Solutions shares last traded at $2.15, with a volume of 3,656 shares changing hands.

Koil Energy Solutions Price Performance

The stock has a 50-day simple moving average of $2.18 and a 200-day simple moving average of $2.36. The stock has a market cap of $28.17 million, a PE ratio of -43.00 and a beta of 0.90.

About Koil Energy Solutions

Koil Energy Solutions, Inc, an energy services company, provides equipment and support services to the energy and offshore industries. It offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operations services; well-commissioning services; and construction support services. The company also provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subsea equipment, as well as support services for offshore interventions.