Thalassa (LON:THAL) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Thalassa Holdings Limited (LON:THAL)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 23.69 and traded as low as GBX 21.50. Thalassa shares last traded at GBX 21.50, with a volume of 995 shares traded.

Thalassa Price Performance

The company has a quick ratio of 1.23, a current ratio of 4.20 and a debt-to-equity ratio of 17.13. The firm has a market capitalization of £3.75 million, a PE ratio of -1.41 and a beta of 0.42. The firm’s 50 day moving average price is GBX 21.95 and its two-hundred day moving average price is GBX 23.69.

About Thalassa

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.