Free Trial

Touchstone Exploration (TSE:TXP) Share Price Crosses Below 50-Day Moving Average - Time to Sell?

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.37 and traded as low as C$0.37. Touchstone Exploration shares last traded at C$0.37, with a volume of 27,500 shares traded.

Touchstone Exploration Stock Performance

The company's 50 day moving average price is C$0.37 and its two-hundred day moving average price is C$0.40. 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 stock has a market capitalization of C$62.21 million, a PE ratio of -7.07, a P/E/G ratio of 4.01 and a beta of 0.70.

About Touchstone Exploration

(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.

Featured Stories

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

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

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines