Touchstone Exploration (TSE:TXP) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Touchstone Exploration Inc. (TSE:TXPGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.54 and traded as low as C$0.48. Touchstone Exploration shares last traded at C$0.50, with a volume of 44,845 shares traded.

Touchstone Exploration Stock Up 2.0 %

The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 52.03. The stock has a market cap of C$118.22 million, a P/E ratio of -6.25, a P/E/G ratio of 4.01 and a beta of 0.70. The company’s 50 day moving average price is C$0.48 and its two-hundred day moving average price is C$0.54.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

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