Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price shot up 25% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 203,500 shares traded hands during trading, an increase of 315% from the average session volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Price Performance
The company’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.09. The company has a current ratio of 0.78, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74.
About Tenth Avenue Petroleum
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
Further Reading
- Five stocks we like better than Tenth Avenue Petroleum
- What is a support level?
- Avient Stock: Manufacturing Play With Double-Digit Upside
- What to Know About Investing in Penny Stocks
- Ultrasound Weight Loss: GE HealthCare and Novo Nordisk’s Play
- Stock Dividend Cuts Happen Are You Ready?
- Super Micro Computer: Turning Risk Into Reward at the Crossroads
Receive News & Ratings for Tenth Avenue Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenth Avenue Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
