Terrace Energy Corp. (CVE:TZR – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.20 and traded as high 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 has a market capitalization of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11. The firm’s 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.20.
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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