NEW YORK ( TheStreet) -- Royale Energy (Nasdaq: ROYL) is trading at unusually high volume Monday with 2.4 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up 14 cents (+2.8%) at $5.16 as of 10:31 a.m. ET.

Royale Energy has a market cap of $51.6 million and is part of the basic materials sector and energy industry. Shares are up 124.1% year to date as of the close of trading on Friday.

Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. The company has a P/E ratio of 63, below the average energy industry P/E ratio of 72 and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Royale Energy as a 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.

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