Thor Energy (LON:THR) Stock Passes Above 50-Day Moving Average – Should You Sell?

Thor Energy Plc (LON:THR)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.62 and traded as high as GBX 0.65. Thor Energy shares last traded at GBX 0.65, with a volume of 1,203,576 shares changing hands.

Thor Energy Stock Performance

The company has a market capitalization of £6.70 million, a PE ratio of -0.71 and a beta of 0.11. The firm’s 50-day simple moving average is GBX 0.62 and its 200 day simple moving average is GBX 0.60.

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”.