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

by · The Markets Daily

Shares of Terrace Energy Corp. (CVE:TZR – Get Free Report) passed above its fifty day moving average during trading on Thursday . 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 Performance

The firm’s 50-day moving average price is C$0.20 and its 200 day moving average price is C$0.20. The company has a market cap of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11.

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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