Terrace Energy (CVE:TZR) Shares Pass Below 50 Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.20 and traded as low as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares trading hands.

Terrace Energy Price Performance

The firm has a market cap of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11. The stock’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.20.

About Terrace Energy

(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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