Thor Energy (LON:THR) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Thor Energy Plc (LON:THR) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.62 and traded as low as GBX 0.55. Thor Energy shares last traded at GBX 0.55, with a volume of 173,979 shares trading hands.

Thor Energy Stock Up 4.0%

The stock has a market cap of £6.16 million, a PE ratio of -0.66 and a beta of 0.05. The business has a 50 day moving average price of GBX 0.60 and a 200 day moving average price of GBX 0.62.

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

About Thor Energy

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”.