Terrace Energy (CVE:TZR) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Terrace Energy Corp. (CVE:TZR – Get Free Report)’s stock price 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.

Terrace Energy Stock Up 21.2 %

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

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.

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