Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s share price rose 25% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 203,500 shares were traded during trading, an increase of 315% from the average daily volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Performance
The stock has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77. The company has a market capitalization of C$3.99 million, a P/E 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.
See Also
- Five stocks we like better than Tenth Avenue Petroleum
- Differences Between Momentum Investing and Long Term Investing
- Mobileye’s High Short Interest Signals Squeeze Potential
- What is the Shanghai Stock Exchange Composite Index?
- Rivian: Weathering the Storm, Poised for Growth?
- Top Stocks Investing in 5G Technology
- Avient Stock: Manufacturing Play With Double-Digit Upside
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.
