Thor Energy (LON:THR) Stock Price Down 8.3% – Should You Sell?

Thor Energy Plc (LON:THR)’s share price fell 8.3% during mid-day trading on Wednesday . The company traded as low as GBX 0.55 and last traded at GBX 0.55. 5,533,289 shares traded hands during trading, an increase of 273% from the average session volume of 1,482,101 shares. The stock had previously closed at GBX 0.60.

Thor Energy Stock Performance

The stock has a market capitalization of £5.67 million, a price-to-earnings ratio of -0.61 and a beta of 0.36. The stock’s 50-day simple moving average is GBX 0.61 and its 200 day simple moving average is GBX 0.61. The company has a quick ratio of 3.19, a current ratio of 3.54 and a debt-to-equity ratio of 0.11.

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”.