Thalassa (LON:THAL) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Thalassa Holdings Limited (LON:THALGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 23.45 and traded as low as GBX 22.02. Thalassa shares last traded at GBX 22.02, with a volume of 220 shares changing hands.

Thalassa Stock Performance

The company has a debt-to-equity ratio of 17.13, a quick ratio of 1.23 and a current ratio of 4.20. The firm’s 50-day moving average price is GBX 22.13 and its two-hundred day moving average price is GBX 23.45. The firm has a market capitalization of £3.67 million, a price-to-earnings ratio of -1.38 and a beta of 0.42.

Thalassa (LON:THALGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (8) earnings per share (EPS) for the quarter. The business had revenue of GBX 2 million during the quarter. Thalassa had a negative return on equity of 1.30% and a negative net margin of 52.68%.

Thalassa Company Profile

(Get Free Report)

Thalassa Holdings Limited, together with its subsidiaries, develops software for the flying node bespoke seismic sensor system. It engages in the research and development of autonomous underwater vehicles. Thalassa Holdings Limited was incorporated in 2007 and is based in Road Town, the British Virgin Islands.

Further Reading

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