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

Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.04 and traded as low as $0.02. Energy Revenue America shares last traded at $0.02, with a volume of 13,000 shares trading hands.

Energy Revenue America Trading Down 46.7 %

The stock has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $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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