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

Terrace Energy Corp. (CVE:TZRGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-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 changing hands.

Terrace Energy Price Performance

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 stock has a fifty day moving average of C$0.20 and a 200 day moving average of C$0.20.

Terrace Energy (CVE:TZRGet Free Report) last issued its quarterly earnings results on Monday, September 30th. The company reported C($0.01) earnings per share for the quarter.

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.

Further Reading

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