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Touchstone Exploration (TSE:TXP) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.49 and traded as low as C$0.41. Touchstone Exploration shares last traded at C$0.41, with a volume of 9,863 shares changing hands.

Touchstone Exploration Price Performance

The firm has a market capitalization of C$67.26 million, a price-to-earnings ratio of -7.65, 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$0.42 and its two-hundred day moving average price is C$0.49. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 42.94.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.

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