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Touchstone Exploration (TSE:TXP) Stock Crosses Below 200 Day Moving Average - What's Next?

Touchstone Exploration logo with Energy background
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Touchstone Exploration Inc. (TSE:TXP - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.50 and traded as low as C$0.41. Touchstone Exploration shares last traded at C$0.41, with a volume of 244,538 shares changing hands.

Touchstone Exploration Stock Up 2.5 %

The business's 50 day simple moving average is C$0.43 and its 200 day simple moving average is C$0.50. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.83 and a quick ratio of 0.69. The company has a market capitalization of C$69.78 million, a PE ratio of -7.93, a P/E/G ratio of 4.01 and a beta of 0.70.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

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