Terrace Energy (CVE:TZR) Stock Crosses Below Fifty Day Moving Average of $0.20

Terrace Energy Corp. (CVE:TZRGet Rating) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.20 and traded as low as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares trading hands.

Terrace Energy Trading Up 21.2 %

The company has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The firm has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.20.

About Terrace Energy

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Terrace Energy Corp. does not have significant operations. Previously it was engaged in the acquisition, exploration, and development of conventional onshore oil and gas properties in the United States. The company was formerly known as Terrace Resources Inc and changed its name to Terrace Energy Corp.

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