Thruvision Group (LON:THRU) Stock Price Down 19.4% – Here’s Why

Thruvision Group plc (LON:THRU) dropped 19.4% during mid-day trading on Saturday . The company traded as low as GBX 1.36 ($0.02) and last traded at GBX 1.37 ($0.02). Approximately 20,916,996 shares changed hands during trading, an increase of 589% from the average daily volume of 3,036,406 shares. The stock had previously closed at GBX 1.70 ($0.02).

Thruvision Group Trading Down 19.4%

The business has a 50 day moving average of GBX 1.56 and a 200-day moving average of GBX 1.49. The company has a current ratio of 3.64, a quick ratio of 2.81 and a debt-to-equity ratio of 3.75. The firm has a market capitalization of £6.12 million, a P/E ratio of -58.05 and a beta of 0.77.

Thruvision Group (LON:THRU) last posted its earnings results on Friday, September 19th. The company reported GBX (2.61) earnings per share (EPS) for the quarter. Thruvision Group had a negative return on equity of 49.88% and a negative net margin of 60.91%. Analysts anticipate that Thruvision Group plc will post -0.1 EPS for the current fiscal year.

Thruvision Group Company Profile

Thruvision Group plc engages in development, manufacture, and sale of passive people-screening technology in the United Kingdom, Europe, the Americas, and other countries. The company provides surface transportation security cameras for protecting the traveling public from terrorist attack; customs and border security cameras to check travelers for concealed contraband; entrance and public venue security cameras for screening visitors to detect weapons and explosives; loss prevention security cameras to detect and deter theft; and deployment accessories to provide operational flexibility.