Shares of TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT) were down 6.5% during mid-day trading on Tuesday . The stock traded as low as C$1.00 and last traded at C$1.00. Approximately 600 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 4,768 shares. The stock had previously closed at C$1.07.

The stock’s 50-day moving average is $1.00 and its 200 day moving average is $1.50. The firm’s market capitalization is $47.37 million.

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About TransAtlantic Petroleum

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.

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