Thor Energy (LON:THR) Share Price Passes Below 50-Day Moving Average – What’s Next?

Shares of Thor Energy Plc (LON:THR) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.63 and traded as low as GBX 0.45. Thor Energy shares last traded at GBX 0.52, with a volume of 557,096 shares changing hands.

Thor Energy Stock 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 firm has a market capitalization of £4.94 million, a PE ratio of -0.53 and a beta of 0.36. The stock’s 50 day moving average price is GBX 0.63 and its two-hundred day moving average price is GBX 0.58.

Thor Energy Company Profile

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”.