Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares traded down 18.2% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09. 103,800 shares changed hands during trading, an increase of 168% from the average session volume of 38,706 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Performance
The company’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.09. The stock has a market cap of C$3.59 million, a P/E ratio of -3.00 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78.
About Tenth Avenue Petroleum
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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