Tenth Avenue Petroleum (CVE:TPC) Shares Down 18.2% – Should You Sell?

Shares of Tenth Avenue Petroleum Corp. (CVE:TPCGet Free Report) traded down 18.2% on Friday . The company traded as low as C$0.09 and last traded at C$0.09. 103,800 shares changed hands during trading, an increase of 168% from the average session volume of 38,706 shares. The stock had previously closed at C$0.11.

Tenth Avenue Petroleum Price Performance

The stock’s 50 day moving average is C$0.08 and its two-hundred day moving average is C$0.09. 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 stock has a market capitalization of C$3.59 million, a PE ratio of -3.00 and a beta of 0.74.

About Tenth Avenue Petroleum

(Get Free Report)

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.

See Also

Receive News & Ratings for Tenth Avenue Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenth Avenue Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.