Terrace Energy (CVE:TZR) Stock Passes Below 50-Day Moving Average – Here’s Why

Shares of Terrace Energy Corp. (CVE:TZRGet Free Report) 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 Price Performance

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

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

About Terrace Energy

(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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