Terrace Energy (CVE:TZR) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Terrace Energy Corp. (CVE:TZRGet Free Report) passed 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 traded.

Terrace Energy Stock Up 21.2%

The company has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The business has a 50-day moving average price of C$0.20 and a 200-day moving average price of C$0.20.

About Terrace Energy

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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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