Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s share price rose 25% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 203,500 shares changed hands during mid-day trading, an increase of 315% from the average daily volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Trading Up 25.0 %
The firm has a market capitalization of C$3.99 million, a P/E ratio of -3.33 and a beta of 0.74. The company has a current ratio of 0.78, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77. The company’s fifty day moving average is C$0.08 and its 200-day moving average is 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.
Recommended Stories
- Five stocks we like better than Tenth Avenue Petroleum
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Why Are These Companies Considered Blue Chips?
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Insider Trades May Not Tell You What You Think
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Tenth Avenue Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenth Avenue Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.