Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) were up 25% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 203,500 shares traded hands during mid-day trading, an increase of 315% from the average daily volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Performance
The company has a market cap of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74. The firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78.
Tenth Avenue Petroleum Company Profile
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
- Five stocks we like better than Tenth Avenue Petroleum
- Stock Market Upgrades: What Are They?
- SAP’s Strong Momentum: A Bullish Setup for Investors
- The Basics of Support and Resistance
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Using the MarketBeat Stock Split Calculator
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
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.
