Thor Energy (LON:THR) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Thor Energy Plc (LON:THR)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.60 and traded as low as GBX 0.57. Thor Energy shares last traded at GBX 0.65, with a volume of 882,737 shares traded.

Thor Energy Trading Up 6.6%

The company has a debt-to-equity ratio of 0.20, a current ratio of 3.66 and a quick ratio of 3.19. The firm’s 50 day moving average price is GBX 0.59 and its 200 day moving average price is GBX 0.60. The stock has a market capitalization of £6.70 million, a P/E ratio of -0.72 and a beta of 0.36.

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”.