Thor Energy (LON:THR) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Thor Energy Plc (LON:THRGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.58 and traded as low as GBX 0.50. Thor Energy shares last traded at GBX 0.60, with a volume of 68,818 shares changing hands.

Thor Energy Price Performance

The firm has a fifty day simple moving average of GBX 0.54 and a two-hundred day simple moving average of GBX 0.58. The firm has a market capitalization of £6.18 million, a P/E ratio of -0.65 and a beta of 0.13.

Thor Energy Company Profile

(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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