Terrace Energy (CVE:TZR) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Terrace Energy Corp. (CVE:TZRGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.20 and traded as high as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares.

Terrace Energy Trading Up 21.2 %

The company has a fifty day simple moving average of C$0.20 and a 200-day simple moving average of C$0.20. The stock has a market cap of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11.

Terrace Energy Company Profile

(Get Free Report)

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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