Terrace Energy (CVE:TZR) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Terrace Energy Corp. (CVE:TZRGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-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 trading hands.

Terrace Energy Trading Up 21.2 %

The company’s fifty day moving average is C$0.20 and its 200 day moving average is C$0.20. The company has a market capitalization of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11.

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

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.

Further Reading

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