Shares of Royale Energy Inc. (OTCMKTS:ROYL – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.07 and traded as high as $0.0850. Royale Energy shares last traded at $0.0850, with a volume of 36,581 shares traded.
Royale Energy Stock Up 3.3%
The company’s 50 day moving average price is $0.09 and its two-hundred day moving average price is $0.07. The stock has a market cap of $8.21 million, a P/E ratio of -2.83 and a beta of -0.33.
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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