Touchstone Exploration (TSE:TXP) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Touchstone Exploration Inc. (TSE:TXP)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.54 and traded as low as C$0.43. Touchstone Exploration shares last traded at C$0.45, with a volume of 35,101 shares traded.

Touchstone Exploration Stock Performance

The company has a debt-to-equity ratio of 52.03, a current ratio of 0.88 and a quick ratio of 0.69. The stock’s 50 day moving average is C$0.47 and its two-hundred day moving average is C$0.54. The firm has a market cap of C$105.21 million, a P/E ratio of -5.56, a PEG ratio of 4.01 and a beta of 0.70.

Touchstone Exploration Company Profile

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.