TAG Oil (TSE:TAO) Shares Cross Above Two Hundred Day Moving Average of $0.00

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TAG Oil Ltd (TSE:TAO)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.13. TAG Oil shares last traded at C$0.13, with a volume of 63,400 shares trading hands.

The stock has a 50-day moving average price of C$0.14. The company has a quick ratio of 81.14, a current ratio of 81.24 and a debt-to-equity ratio of 0.26. The firm has a market cap of C$11.10 million and a PE ratio of 1.86.

TAG Oil Company Profile (TSE:TAO)

TAG Oil Ltd. engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. The company operates eight exploration and production permits in New Zealand; and an exploration and production permit in Australia. It holds interests in the Taranaki basin located in New Zealand; and a 100% interests in the Petroleum Lease 17 permit that covers 25,700 acres area located in the Surat Basin in Australia.

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