Thalassa (LON:THAL) Hits New 12-Month Low – Here’s Why

Thalassa Holdings Limited (LON:THALGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 22 ($0.29) and last traded at GBX 22 ($0.29), with a volume of 10000 shares changing hands. The stock had previously closed at GBX 23.50 ($0.31).

Thalassa Trading Down 6.7 %

The firm’s 50-day simple moving average is GBX 23.39 and its 200-day simple moving average is GBX 25.38. The firm has a market capitalization of £1.67 million, a P/E ratio of -2,100.00 and a beta of 0.42. The company has a quick ratio of 1.23, a current ratio of 4.20 and a debt-to-equity ratio of 17.13.

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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