Thruvision Group (LON:THRU) Stock Price Down 8.5% – Here’s Why

Shares of Thruvision Group plc (LON:THRU) traded down 8.5% on Wednesday . The company traded as low as GBX 2.40 and last traded at GBX 2.70. Approximately 30,270,838 shares were traded during mid-day trading, an increase of 565% from the average daily volume of 4,549,345 shares. The stock had previously closed at GBX 2.95.

Thruvision Group Price Performance

The company has a debt-to-equity ratio of 7.76, a quick ratio of 2.81 and a current ratio of 2.97. The company has a 50-day moving average price of GBX 1.14 and a 200-day moving average price of GBX 0.94. The firm has a market capitalization of £11.36 million, a P/E ratio of -2.51 and a beta of 0.26.

Thruvision Group (LON:THRU) last released its quarterly earnings data on Friday, June 26th. The company reported GBX (1.01) EPS for the quarter. Thruvision Group had a negative net margin of 60.32% and a negative return on equity of 67.80%. The company had revenue of GBX 602 million during the quarter. On average, sell-side analysts predict that Thruvision Group plc will post -0.1 earnings per share for the current year.

About Thruvision Group

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.