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NEW YORK (

TheStreet

) -- Shares of

Royale Energy

(Nasdaq:

ROYL

) have taken a tremendous swing upward. The stock is trading at $6.02 as of four p.m. ET, 20.4% above Monday's closing price of $5. Volume is at 5.8 million, 2.5 times the daily average of 2.4 million.

Royale Energy has a market cap of $51.7 million and is part of the

basic materials

sector and

energy

industry. Shares are up 123.2% year to date as of the close of trading on Monday.

Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. The company has a P/E ratio of 41.9, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 15.8.

TheStreet Recommends

TheStreet Ratings rates Royale Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's revenue growth has not been good. You can view the full

Royale Energy Ratings Report

.

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