Touchstone Exploration (TSE:TXP) Shares Pass Below 200 Day Moving Average – Time to Sell?

Shares of Touchstone Exploration Inc. (TSE:TXPGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.50 and traded as low as C$0.41. Touchstone Exploration shares last traded at C$0.41, with a volume of 244,538 shares traded.

Touchstone Exploration Price Performance

The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 42.94. The firm has a market capitalization of C$68.10 million, a price-to-earnings ratio of -7.74, a P/E/G ratio of 4.01 and a beta of 0.70. The stock has a 50 day moving average of C$0.43 and a 200 day moving average of C$0.50.

About Touchstone Exploration

(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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