Touchstone Exploration (TSE:TXP) Shares Cross Below 200-Day Moving Average – Should You Sell?

Touchstone Exploration Inc. (TSE:TXPGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.50 and traded as low as C$0.41. Touchstone Exploration shares last traded at C$0.41, with a volume of 244,538 shares traded.

Touchstone Exploration Price Performance

The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 42.94. The firm has a market capitalization of C$68.10 million, a price-to-earnings ratio of -7.74, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. The firm has a 50 day moving average price of C$0.43 and a two-hundred day moving average price of C$0.50.

About Touchstone Exploration

(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.

Recommended Stories

Receive News & Ratings for Touchstone Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Touchstone Exploration and related companies with MarketBeat.com's FREE daily email newsletter.