Thruvision Group (LON:THRU) Shares Down 46.9% – Here’s What Happened

Shares of Thruvision Group plc (LON:THRU) dropped 46.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.70 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 5,125,780 shares traded hands during mid-day trading, an increase of 1,023% from the average daily volume of 456,266 shares. The stock had previously closed at GBX 1.60 ($0.02).

Thruvision Group Stock Performance

The business’s 50-day simple moving average is GBX 3.36 and its 200 day simple moving average is GBX 8.84. The firm has a market cap of £1.76 million, a P/E ratio of -0.43 and a beta of 0.77. The company has a debt-to-equity ratio of 3.75, a quick ratio of 2.81 and a current ratio of 3.64.

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.