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

Terrace Energy Corp. (CVE:TZRGet Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-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.

Terrace Energy Stock Performance

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

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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