Koil Energy Solutions, Inc. (OTCMKTS:DPDW – Get Free Report)’s share price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $2.51 and traded as high as $2.63. Koil Energy Solutions shares last traded at $2.60, with a volume of 26,211 shares trading hands.
Koil Energy Solutions Stock Up 6.6%
The company has a market cap of $34.07 million, a price-to-earnings ratio of -52.00 and a beta of 0.90. The stock’s 50-day simple moving average is $2.85 and its 200 day simple moving average is $2.51.
Koil Energy Solutions Company Profile
Koil Energy Solutions, Inc., formerly known as Deep Down, Inc., is a Houston-based provider of equipment and services for the offshore energy industry. The company develops and supplies subsea products intended to support the installation, connection, protection and operation of offshore oil and natural gas infrastructure. Its product offerings have included subsea distribution systems, umbilical termination assemblies, flying leads, pressure vessels, buoyancy products, connectors and related subsea installation equipment.
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