Koil Energy Solutions, Inc. (OTCMKTS:DPDW – Get Free Report) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $2.87 and traded as high as $2.95. Koil Energy Solutions shares last traded at $2.95, with a volume of 588 shares.
Koil Energy Solutions Price Performance
The company has a market cap of $39.31 million, a price-to-earnings ratio of -60.00 and a beta of 0.90. The company’s 50-day simple moving average is $2.89 and its 200-day simple moving average is $2.54.
About Koil Energy Solutions
Koil Energy Solutions, Inc, formerly known as Deep Down, Inc, provides subsea energy equipment and services for the offshore oil and gas industry. The company designs, manufactures and supports products used to connect, protect and manage subsea infrastructure and production systems.
Its offerings have included subsea distribution equipment, umbilical termination assemblies, flying leads, pressure vessels, pipeline repair systems and other specialized components. Koil Energy also provides engineering, project management, fabrication, installation support and related services for subsea development projects.
Based in Houston, Texas, Koil Energy serves energy companies, offshore contractors and equipment providers in domestic and international markets.
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