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Touchstone Exploration (TSE:TXP) Stock Price Crosses Below 200 Day Moving Average - Here's What Happened

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.55 and traded as low as C$0.45. Touchstone Exploration shares last traded at C$0.46, with a volume of 70,500 shares.

Touchstone Exploration Stock Performance

The company has a market cap of C$105.21 million, a PE ratio of -5.56, a P/E/G ratio of 4.01 and a beta of 0.70. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.69 and a current ratio of 0.88. The stock's 50-day simple moving average is C$0.50 and its 200 day simple moving average is C$0.55.

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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