TORC Oil and Gas Ltd (TSE:TOG)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.84 and traded as low as $3.61. TORC Oil and Gas shares last traded at $3.64, with a volume of 307,269 shares.
TOG has been the topic of several recent analyst reports. Raymond James reissued a “strong-buy” rating and issued a C$5.00 target price on shares of TORC Oil and Gas in a research note on Thursday, November 7th. Royal Bank of Canada lowered their price target on TORC Oil and Gas from C$6.75 to C$5.50 in a research report on Friday, October 18th.
The business has a 50 day moving average of C$3.63 and a 200 day moving average of C$3.82. The company has a market cap of $794.95 million and a PE ratio of -930.00. The company has a debt-to-equity ratio of 20.25, a current ratio of 0.41 and a quick ratio of 0.41.
TORC Oil and Gas Company Profile (TSE:TOG)
TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.
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