Terrace Energy (CVE:TZR) Shares Cross Below Fifty Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report)’s share price crossed below its fifty day moving average during trading on Monday . 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.

Terrace Energy Trading Up 21.2%

The firm’s 50-day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.20. The stock has a market capitalization of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11.

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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