Thor Energy (LON:THR) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Thor Energy Plc (LON:THRGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.58 and traded as high as GBX 0.75. Thor Energy shares last traded at GBX 0.71, with a volume of 2,543,158 shares.

Thor Energy Stock Performance

The stock’s fifty day simple moving average is GBX 0.58 and its 200-day simple moving average is GBX 0.58. The company has a market capitalization of £7.73 million, a PE ratio of -0.83 and a beta of 0.36. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.20.

Thor Energy Company Profile

(Get Free Report)

The Company is focused on uranium, energy metals and, recently hydrogen and helium that are crucial in the shift to a clean energy economy.

Thor is listed on the Alternative Investment Market (AIM) in London and the Australian Stock Exchange (ASX) under the ticker “THR”. Thor is also listed on the OTC Exchange in New York under the ticker “THORF”.

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