Thor Energy (LON:THR) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Thor Energy Plc (LON:THRGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.61 and traded as high as GBX 0.75. Thor Energy shares last traded at GBX 0.75, with a volume of 65,454 shares traded.

Thor Energy Price Performance

The stock has a market cap of £7.73 million, a price-to-earnings ratio of -0.82 and a beta of 0.05. The business’s fifty day simple moving average is GBX 0.61 and its 200 day simple moving average is GBX 0.61.

Thor Energy (LON:THRGet Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported GBX (0.12) EPS for the quarter.

About Thor Energy

(Get Free Report)

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”.

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