Terrace Energy (CVE:TZR) Shares Cross Below 50 Day Moving Average – Time to Sell?

Terrace Energy Corp. (CVE:TZRGet Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.

Terrace Energy Stock Performance

The stock has a 50 day moving average of C$0.20 and a 200-day moving average of C$0.20. The company has a market cap of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11.

Terrace Energy (CVE:TZRGet Free Report) last announced its quarterly earnings data on Monday, September 30th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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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