Terrace Energy Corp. (CVE:TZR – Get Rating)’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 trading hands.
Terrace Energy Stock Performance
The firm’s 50-day moving average price is C$0.20 and its two-hundred day moving average price is C$0.20. The firm has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11.
About Terrace Energy
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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