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

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.52 and traded as low as C$0.41. Touchstone Exploration shares last traded at C$0.42, with a volume of 50,500 shares.

Touchstone Exploration Price Performance

The firm has a market cap of C$75.67 million, a PE ratio of -8.60, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. The stock's fifty day moving average price is C$0.44 and its 200-day moving average price is C$0.52. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.83 and a quick ratio of 0.69.

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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