Koil Energy Solutions (OTCMKTS:DPDW) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Koil Energy Solutions, Inc. (OTCMKTS:DPDWGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.35 and traded as low as $2.35. Koil Energy Solutions shares last traded at $2.3750, with a volume of 8,251 shares trading hands.

Koil Energy Solutions Price Performance

The firm’s 50 day moving average price is $2.54 and its 200-day moving average price is $2.34. The stock has a market cap of $30.32 million, a P/E ratio of -46.27 and a beta of 0.90.

About Koil Energy Solutions

(Get Free Report)

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.

Further Reading

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