Energy Revenue America (OTCMKTS:ERAO) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Energy Revenue America, Inc. (OTCMKTS:ERAOGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.04 and traded as high as $0.09. Energy Revenue America shares last traded at $0.08, with a volume of 55,002 shares.

Energy Revenue America Stock Down 0.9 %

The firm’s 50 day moving average is $0.04 and its 200 day moving average is $0.04.

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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