Terrace Energy (CVE:TZR) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Terrace Energy Corp. (CVE:TZRGet Free Report) shares crossed above its 50-day moving average during trading on Friday . 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.

Terrace Energy Stock Performance

The firm has a market capitalization of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11. The company has a fifty day moving average price of C$0.20 and a 200-day moving average price 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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