Energy Revenue America (OTCMKTS:ERAO) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.05 and traded as low as $0.03. Energy Revenue America shares last traded at $0.03, with a volume of 20,000 shares.

Energy Revenue America Stock Down 40.4 %

The business has a 50 day simple moving average of $0.05 and a two-hundred day simple moving average of $0.03.

Energy Revenue America Company Profile

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Energy Revenue America, Inc engages in the exploration, development, production, and marketing of natural gas. The company primarily focuses on coal bed methane unconventional natural gas projects. It transports and sells natural gas through a 65 mile pipeline with approximately 3,000 acres in the Cherokee basin and 3 compressors in Nowata County, Oklahoma.

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