Thor Energy (LON:THR) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Thor Energy Plc (LON:THR) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.60 and traded as low as GBX 0.57. Thor Energy shares last traded at GBX 0.65, with a volume of 882,737 shares trading hands.

Thor Energy Stock Performance

The company has a market cap of £6.70 million, a P/E ratio of -0.72 and a beta of 0.36. The business has a 50 day moving average price of GBX 0.59 and a two-hundred day moving average price of GBX 0.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.19 and a current ratio of 3.66.

Thor Energy Company Profile

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.