Terrace Energy (CVE:TZR) Stock Passes Above 50 Day Moving Average – Here’s Why

Terrace Energy Corp. (CVE:TZRGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . 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 Price Performance

The stock’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.20. The stock has a market capitalization of C$1.55 million, a PE 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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