Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares traded up 25% on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 137,500 shares were traded during trading, an increase of 261% from the average session volume of 38,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Price Performance
The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74. The business’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.
Tenth Avenue Petroleum Company Profile
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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