Terrace Energy (CVE:TZR) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Terrace Energy Corp. (CVE:TZRGet Free Report) crossed above its 50 day moving average during trading on Thursday . 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 Trading Up 21.2 %

The stock has a market cap of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The company has a 50 day simple moving average of C$0.20 and a 200-day simple moving average 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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