Thor Energy (LON:THR) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Thor Energy Plc (LON:THR) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.60 and traded as low as GBX 0.55. Thor Energy shares last traded at GBX 0.57, with a volume of 357,448 shares changing hands.

Thor Energy Stock Performance

The company has a market cap of £5.87 million, a P/E ratio of -0.62 and a beta of 0.13. The stock has a 50-day simple moving average of GBX 0.62 and a 200 day simple moving average of GBX 0.60.

Thor Energy Company Profile

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”.