Royale Energy (OTCMKTS:ROYL) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.05 and traded as high as $0.05. Royale Energy shares last traded at $0.04, with a volume of 12,081 shares traded.

Royale Energy Stock Up 6.8 %

The firm has a market cap of $3.10 million, a PE ratio of -0.88 and a beta of -0.25. The company’s fifty day moving average price is $0.04 and its two-hundred day moving average price is $0.05.

Royale Energy Company Profile

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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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