Thor Energy (LON:THR) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Thor Energy Plc (LON:THR) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.59 and traded as high as GBX 0.65. Thor Energy shares last traded at GBX 0.65, with a volume of 57,590 shares traded.

Thor Energy Price Performance

The stock has a 50-day simple moving average of GBX 0.59 and a 200 day simple moving average of GBX 0.60. The company has a market cap of £5.85 million, a PE ratio of -0.63 and a beta of 0.36. The company has a quick ratio of 3.19, a current ratio of 3.66 and a debt-to-equity ratio of 0.20.

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”.