Thor Energy (LON:THR) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Thor Energy Plc (LON:THR) shares crossed 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 changing hands.

Thor Energy Stock Performance

The firm has a market cap of £2.72 million, a P/E ratio of -71.90 and a beta of 0.36. The business’s fifty day simple moving average is GBX 0.79 and its 200-day simple moving average is GBX 0.84. The company has a current ratio of 3.66, a quick ratio of 3.19 and a debt-to-equity ratio of 0.29.

About Thor Energy

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.