Thalassa (LON:THAL) Hits New 52-Week Low – Here’s Why

Thalassa Holdings Limited (LON:THALGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 22.06 ($0.29) and last traded at GBX 22.06 ($0.29), with a volume of 818 shares changing hands. The stock had previously closed at GBX 23.50 ($0.30).

Thalassa Price Performance

The company has a market cap of £1.75 million, a price-to-earnings ratio of -2,206.00 and a beta of 0.42. The company has a current ratio of 4.20, a quick ratio of 1.23 and a debt-to-equity ratio of 17.13. The business has a 50-day moving average price of GBX 24.55 and a 200 day moving average price of GBX 25.72.

Thalassa Company Profile

(Get Free Report)

Thalassa Holdings Limited, together with its subsidiaries, develops software for the flying node bespoke seismic sensor system. It engages in the research and development of autonomous underwater vehicles. Thalassa Holdings Limited was incorporated in 2007 and is based in Road Town, the British Virgin Islands.

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