Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shot up 25% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 182,500 shares changed hands during mid-day trading, an increase of 301% from the average session volume of 45,567 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Up 25.0 %
The firm has a market cap of C$3.99 million, a PE ratio of -3.33 and a beta of 0.74. The business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77.
About Tenth Avenue Petroleum
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
See Also
- Five stocks we like better than Tenth Avenue Petroleum
- What is Forex and How Does it Work?
- SAP’s Strong Momentum: A Bullish Setup for Investors
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- What Investors Need to Know to Beat the Market
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Tenth Avenue Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenth Avenue Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
