Shares of Terrace Energy Corp. (CVE:TZR – Get Free Report) crossed below its 50-day moving average during trading on Thursday . 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 firm has a market cap of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The company has a fifty day moving average price of C$0.20 and a 200-day moving average price of C$0.20.
Terrace Energy Company Profile
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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