Thor Energy (LON:THR) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Thor Energy Plc (LON:THR)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 0.49 ($0.01) and traded as low as GBX 0.45 ($0.01). Thor Energy shares last traded at GBX 0.45 ($0.01), with a volume of 279,860 shares.

Thor Energy Stock Performance

The firm has a market capitalization of £2.15 million, a price-to-earnings ratio of -0.64 and a beta of 0.36. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.19 and a current ratio of 3.66. The company has a fifty day moving average of GBX 0.49 and a two-hundred day moving average of GBX 0.59.

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”.