Thor Energy (LON:THR) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

Thor Energy Plc (LON:THR – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.84 ($0.01) and traded as low as GBX 0.72 ($0.01). Thor Energy shares last traded at GBX 0.72 ($0.01), with a volume of 209,177 shares trading hands.

Thor Energy Price Performance

The stock has a market capitalization of £2.72 million, a PE ratio of -71.90 and a beta of 0.36. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average price is GBX 0.79 and its two-hundred day moving average price is GBX 0.84.

Thor Energy Company Profile

(Get Free Report)

Thor Energy PLC (ASX / AIM: THR) is an exploration company with a focus on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects (link) are located in Australia and the USA, both of which are top mining jurisdictions, and are poised for discovery success.

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