Royale Energy (OTCMKTS:ROYL) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . 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 9,544 shares traded.

Royale Energy Trading Up 47.5 %

The stock has a market capitalization of $4.16 million, a P/E ratio of -1.48 and a beta of 0.03. The company has a 50-day moving average price of $0.04 and a 200 day moving average price 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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