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

Thor Energy Plc (LON:THR)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.59 and traded as high as GBX 0.65. Thor Energy shares last traded at GBX 0.65, with a volume of 57,590 shares traded.

Thor Energy Price Performance

The company has a current ratio of 3.66, a quick ratio of 3.19 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of GBX 0.59 and a 200 day moving average price of GBX 0.60. The stock has a market capitalization of £5.85 million, a price-to-earnings ratio of -0.63 and a beta of 0.36.

About Thor Energy

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”.