Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) traded up 25% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. 137,500 shares changed hands during trading, an increase of 261% from the average session volume of 38,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Price Performance
The stock has a market cap of C$3.99 million, a P/E ratio of -3.33 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78. The firm has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.09.
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.
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