Touchstone Exploration (TSE:TXP) Stock Passes Above 50-Day Moving Average of $1.04

Touchstone Exploration Inc. (TSE:TXP – Get Rating)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.04 and traded as high as C$1.13. Touchstone Exploration shares last traded at C$1.09, with a volume of 84,280 shares traded.

Touchstone Exploration Price Performance

The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 45.45. The stock has a market capitalization of C$241.78 million and a price-to-earnings ratio of 36.33. The company’s 50-day simple moving average is C$1.04 and its 200 day simple moving average is C$1.15.

About Touchstone Exploration

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Touchstone Exploration Inc, an upstream oil and gas company, engages in the exploration, development, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. The company has interests in various private exploration mineral leasing properties; and two exploration blocks.