Thor Energy (LON:THR) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Thor Energy Plc (LON:THRGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.59 and traded as high as GBX 0.75. Thor Energy shares last traded at GBX 0.65, with a volume of 783,618 shares changing hands.

Thor Energy Stock Down 6.7%

The firm’s fifty day moving average price is GBX 0.59 and its 200-day moving average price is GBX 0.59. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.66 and a quick ratio of 3.19. The firm has a market capitalization of £6.73 million, a P/E ratio of -0.73 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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