Koil Energy Solutions (OTCMKTS:DPDW) Stock Crosses Below 200 Day Moving Average – What’s Next?

Koil Energy Solutions, Inc. (OTCMKTS:DPDW) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.24 and traded as low as $2.23. Koil Energy Solutions shares last traded at $2.2725, with a volume of 1,551 shares traded.

Koil Energy Solutions Trading Down 3.3%

The company’s 50-day moving average price is $2.42 and its two-hundred day moving average price is $2.24. The company has a market cap of $29.78 million, a P/E ratio of -45.45 and a beta of 0.90.

About Koil Energy Solutions

Koil Energy Solutions, Inc, an energy services company, provides equipment and support services to the energy and offshore industries. It offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operations services; well-commissioning services; and construction support services. The company also provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subsea equipment, as well as support services for offshore interventions.