Terrace Energy Corp. (CVE:TZR – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday. The stock has a fifty 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 Trading Up 21.2%
The company’s 50 day moving average price is C$0.20 and its 200-day moving average price is C$0.20. The company has a market capitalization of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11.
About Terrace Energy
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. in June 2011. Terrace Energy Corp. was incorporated in 2006 and is headquartered in The Woodlands, Texas.
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