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Touchstone Exploration (TSE:TXP) Shares Pass Below Two Hundred Day Moving Average - Time to Sell?

Touchstone Exploration logo with Energy background

Shares of Touchstone Exploration Inc. (TSE:TXP - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.54 and traded as low as C$0.43. Touchstone Exploration shares last traded at C$0.45, with a volume of 35,101 shares changing hands.

Touchstone Exploration Stock Down 1.1 %

The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 52.03. The stock's 50-day simple moving average is C$0.47 and its 200 day simple moving average is C$0.54. The firm has a market cap of C$104.03 million, a P/E ratio of -5.50, a PEG ratio of 4.01 and a beta of 0.70.

About Touchstone Exploration

(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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