Thor Energy (LON:THR) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Thor Energy Plc (LON:THR) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.54 and traded as high as GBX 0.59. Thor Energy shares last traded at GBX 0.55, with a volume of 245,925 shares traded.

Thor Energy Price Performance

The stock’s fifty day moving average price is GBX 0.54 and its 200-day moving average price is GBX 0.58. The firm has a market cap of £5.92 million, a price-to-earnings ratio of -0.62 and a beta of 0.13.

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”.