Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price was down 18.2% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 103,800 shares traded hands during mid-day trading, an increase of 168% from the average daily volume of 38,706 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Performance
The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65. The company has a market capitalization of C$3.59 million, a PE ratio of -3.00 and a beta of 0.74. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09.
About Tenth Avenue Petroleum
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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