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

Terrace Energy Corp. (CVE:TZRGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . 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 stock has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The stock has a 50-day moving average of C$0.20 and a 200 day moving average of 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.

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