Energy Revenue America (OTCMKTS:ERAO) Shares Cross Below 200 Day Moving Average – Here’s Why

by · The Markets Daily

Shares of Energy Revenue America, Inc. (OTCMKTS:ERAO – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.03 and traded as low as $0.03. Energy Revenue America shares last traded at $0.03, with a volume of 21,819 shares.

Energy Revenue America Trading Down 43.4 %

The firm’s fifty day moving average is $0.05 and its 200-day moving average is $0.03.

About Energy Revenue America

(Get Free Report)

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.

Further Reading