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

Shares of Thor Energy Plc (LON:THR – Get Free Report) passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 0.54 and traded as low as GBX 0.50. Thor Energy shares last traded at GBX 0.58, with a volume of 2,058,902 shares changing hands.

Thor Energy Stock Down 9.1%

The company has a 50 day moving average of GBX 0.54 and a two-hundred day moving average of GBX 0.58. The firm has a market cap of £5.15 million, a P/E ratio of -0.54 and a beta of 0.13.

Thor Energy (LON:THR – Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX (0.14) earnings per share for the quarter.

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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