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

Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4,055.53 and traded as low as $0.0121. Energy Revenue America shares last traded at $0.0239, with a volume of 100,840 shares trading hands.

Energy Revenue America Stock Performance

The business’s 50 day simple moving average is $4,055.53 and its 200-day simple moving average is $1,428.03.

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. The company was formerly known as NavStar Technologies, Inc and changed its name to Energy Revenue America, Inc in August 2012. Energy Revenue America, Inc was founded in 2010 and is headquartered in Dallas, Texas.

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