TORC Oil & Gas Ltd. (TOG.TO) (TSE:TOG) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

TORC Oil & Gas Ltd. (TOG.TO) (TSE:TOG)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$3.31. TORC Oil & Gas Ltd. (TOG.TO) shares last traded at C$3.21, with a volume of 2,108,072 shares trading hands.

TORC Oil & Gas Ltd. (TOG.TO) Stock Performance

The firm has a market cap of C$714.58 million and a PE ratio of -0.72. The business’s 50 day moving average is C$3.21. The company has a debt-to-equity ratio of 70.55, a quick ratio of 0.29 and a current ratio of 0.30.

About TORC Oil & Gas Ltd. (TOG.TO)

TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.