NEW YORK (
) -- Shares of
) 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
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 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
for other stocks that are soaring today, or get investment ideas from our
Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting
to 95370 or select from