Terrace Energy (CVE:TZR) Shares Pass Below 50-Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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 capitalization of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11. The firm has a 50-day moving average price of C$0.20 and a 200-day moving average price of C$0.20.

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

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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