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

Terrace Energy Corp. (CVE:TZRGet Free Report) shares passed below its fifty day moving average during trading on Thursday . 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 trading hands.

Terrace Energy Trading Up 21.2 %

The stock has a market cap 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 price is C$0.20 and its two-hundred day moving average price 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.

Further Reading

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