Terrace Energy (CVE:TZR) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.20 and traded as high as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares traded.

Terrace Energy Stock Up 21.2 %

The firm has a market capitalization of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11. The business’s 50 day moving average is C$0.20 and its 200-day moving average is 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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