Thor Energy (LON:THR) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Thor Energy Plc (LON:THRGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.58 and traded as high as GBX 0.75. Thor Energy shares last traded at GBX 0.71, with a volume of 2,543,158 shares changing hands.

Thor Energy Price Performance

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 50-day moving average of GBX 0.58 and a 200-day moving average of GBX 0.58. The stock has a market capitalization of £7.73 million, a price-to-earnings ratio of -0.83 and a beta of 0.36.

About Thor Energy

(Get Free Report)

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”.

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