Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price traded down 14.3% during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.09. 100,500 shares changed hands during mid-day trading, an increase of 135% from the average session volume of 42,784 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Performance
The stock has a market capitalization of C$3.79 million, a price-to-earnings ratio of -2.13 and a beta of 0.63. The company’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77.
Tenth Avenue Petroleum Company Profile
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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