Free Trial

Touchstone Exploration (TSE:TXP) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.39 and traded as high as C$0.40. Touchstone Exploration shares last traded at C$0.37, with a volume of 189,088 shares traded.

Touchstone Exploration Stock Up 6.2 %

The company has a debt-to-equity ratio of 42.94, a current ratio of 0.83 and a quick ratio of 0.69. The firm's 50 day moving average is C$0.39 and its two-hundred day moving average is C$0.45. The firm has a market capitalization of C$71.46 million, a P/E ratio of -8.12, a PEG ratio of 4.01 and a beta of 0.70.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.

Further Reading

Should You Invest $1,000 in Touchstone Exploration Right Now?

Before you consider Touchstone Exploration, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Touchstone Exploration wasn't on the list.

While Touchstone Exploration currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ACT FAST! Congress Is POURING Into This Stock
The Hottest AI Stock You Haven’t Bought Yet
This $13 Trillion Energy Breakthrough Will Make Millionaires

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines