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Royale Energy (NASDAQ:ROYL) CEO Stephen M. Hosmer unloaded 50,500 shares of the stock on the open market in a transaction dated Friday, June 27th. The shares were sold at an average price of $3.37, for a total transaction of $170,185.00. Following the sale, the chief executive officer now directly owns 1,132,435 shares in the company, valued at approximately $3,816,306. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Royale Energy (NASDAQ:ROYL) traded down 2.24% on Monday, hitting $3.49. 469,324 shares of the company’s stock traded hands. Royale Energy has a 52-week low of $2.46 and a 52-week high of $4.12. The stock’s 50-day moving average is $3.01 and its 200-day moving average is $2.83. The company has a market cap of $52.1 million and a price-to-earnings ratio of 31.87.

Royale Energy, Inc (NASDAQ:ROYL) is an independent oil and natural gas producer.

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