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NEW YORK (

TheStreet

) --

Royale Energy

(Nasdaq:

ROYL

) is trading at unusually high volume Thursday with 5.5 million shares changing hands. It is currently at four times its average daily volume and trading down 73 cents (-9.3%) at $7.10 as of 1:21 p.m. ET.

Royale Energy has a market cap of $68.2 million and is part of the

basic materials

sector and

energy

TheStreet Recommends

industry. Shares are up 249.6% year to date as of the close of trading on Wednesday.

Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. The company has a P/E ratio of 83.2, below the average energy industry P/E ratio of 95.1 and above the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates Royale Energy as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including premium valuation and weak operating cash flow. You can view the full

Royale Energy Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

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.

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