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

Thor Energy Plc (LON:THR)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.82 ($0.01) and traded as low as GBX 0.60 ($0.01). Thor Energy shares last traded at GBX 0.64 ($0.01), with a volume of 1,854,234 shares.

Thor Energy Trading Down 1.5 %

The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. The firm’s 50-day simple moving average is GBX 0.74 and its 200 day simple moving average is GBX 0.82. The stock has a market capitalization of £2.42 million, a P/E ratio of -64.00 and a beta of 0.36.

Thor Energy Company Profile

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.