Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) fell 18.2% during mid-day trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 103,800 shares changed hands during mid-day 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 Trading Down 18.2 %
The company has a market capitalization of C$3.59 million, a P/E ratio of -3.00 and a beta of 0.74. 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 firm has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.09.
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.
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