Thor Energy (LON:THR) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Thor Energy Plc (LON:THR) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.59 and traded as high as GBX 0.59. Thor Energy shares last traded at GBX 0.59, with a volume of 25,000 shares traded.

Thor Energy Stock Up 7.8%

The stock has a market cap of £6.39 million, a P/E ratio of -0.67 and a beta of 0.05. The business has a 50 day moving average price of GBX 0.59 and a two-hundred day moving average price of GBX 0.62.

Thor Energy (LON:THR) last released its quarterly earnings data on Monday, March 16th. The company reported GBX (0.12) earnings per share for the quarter.

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”.