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

Shares of Thor Energy Plc (LON:THRGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.77 ($0.01) and traded as low as GBX 0.68 ($0.01). Thor Energy shares last traded at GBX 0.72 ($0.01), with a volume of 16,968 shares traded.

Thor Energy Stock Performance

The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average is GBX 0.68 and its two-hundred day moving average is GBX 0.77. The company has a market capitalization of £3.31 million, a P/E ratio of -0.99 and a beta of 0.36.

About Thor Energy

(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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