Thor Energy (LON:THR) Shares Cross Above 50-Day Moving Average – Time to Sell?

Thor Energy Plc (LON:THR) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.56 ($0.01) and traded as high as GBX 0.68 ($0.01). Thor Energy shares last traded at GBX 0.65 ($0.01), with a volume of 107,039 shares trading hands.

Thor Energy Trading Down 2.4%

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 stock has a market capitalization of £6.79 million, a PE ratio of -0.73 and a beta of 0.36. The stock’s 50 day simple moving average is GBX 0.56 and its two-hundred day simple moving average is GBX 0.52.

Thor Energy (LON:THR) last announced its quarterly earnings results on Monday, September 29th. The company reported GBX (0.90) 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”.