Koil Energy Solutions (OTCMKTS:DPDW) Shares Cross Below 200-Day Moving Average – Time to Sell?

Koil Energy Solutions, Inc. (OTCMKTS:DPDW) shares 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 changing hands.

Koil Energy Solutions Stock Performance

The company has a market capitalization of $29.78 million, a PE ratio of -45.45 and a beta of 0.90. The stock’s fifty day simple moving average is $2.42 and its 200-day simple moving average is $2.24.

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.