Thor Energy (LON:THR) Reaches New 52-Week Low – Time to Sell?

Shares of Thor Energy Plc (LON:THR) hit a new 52-week low on Wednesday. The stock traded as low as GBX 0.45 and last traded at GBX 0.47, with a volume of 155,523 shares trading hands. The stock had previously closed at GBX 0.47.

Thor Energy Stock Down 5.3%

The stock has a market cap of £4.64 million, a P/E ratio of -0.03 and a beta of 0.13. The company has a 50-day simple moving average of GBX 0.53 and a two-hundred day simple moving average of GBX 0.57.

Thor Energy (LON:THR) last issued its earnings results on Wednesday, September 30th. The company reported GBX (0.14) EPS for the quarter.

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”.