Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price rose 25% on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 137,500 shares changed hands during mid-day trading, an increase of 261% from the average daily volume of 38,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Performance
The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65. The stock has a market cap of C$3.99 million, a P/E ratio of -3.33 and a beta of 0.74. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09.
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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