Royale Energy (OTCMKTS:ROYL) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report)’s share price crossed 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 $0.05, with a volume of 10,991 shares.

Royale Energy Stock Down 6.3 %

The stock has a market capitalization of $3.18 million, a price-to-earnings ratio of -0.90 and a beta of 0.10. The company has a fifty day moving average of $0.05 and a two-hundred day moving average of $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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