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

Thor Energy Plc (LON:THRGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.84 ($0.01) and traded as low as GBX 0.66 ($0.01). Thor Energy shares last traded at GBX 0.66 ($0.01), with a volume of 37,500 shares traded.

Thor Energy Trading Up 7.1 %

The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.19. The business has a 50-day moving average price of GBX 0.78 and a two-hundred day moving average price of GBX 0.84. The firm has a market cap of £2.84 million, a PE ratio of -75.00 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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