Shares of Terrace Energy Corp. (CVE:TZR – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.
Terrace Energy Trading Up 21.2%
The firm has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The company has a 50-day moving average of C$0.20 and a 200-day moving average of 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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