Energy Revenue America (OTCMKTS:ERAO) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.

Energy Revenue America Stock Performance

The business’s 50-day simple moving average is $0.04 and its two-hundred day simple moving average is $0.03.

About Energy Revenue America

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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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