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

Shares of Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.03 and traded as low as $0.02. Energy Revenue America shares last traded at $0.02, with a volume of 7,000 shares trading hands.

Energy Revenue America Trading Down 30.0 %

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