Thruvision Group (LON:THRU) Trading 9% Higher – Here’s Why

Shares of Thruvision Group plc (LON:THRU) traded up 9% during trading on Tuesday . The stock traded as high as GBX 1.45 and last traded at GBX 1.44. 18,929,867 shares traded hands during mid-day trading, an increase of 445% from the average session volume of 3,474,498 shares. The stock had previously closed at GBX 1.32.

Thruvision Group Stock Up 9.0%

The firm has a market capitalization of £6.48 million, a PE ratio of -1.43 and a beta of 0.26. The business’s fifty day moving average price is GBX 0.75 and its 200 day moving average price is GBX 0.82. The company has a quick ratio of 2.81, a current ratio of 2.97 and a debt-to-equity ratio of 7.76.

Thruvision Group (LON:THRU) last released its quarterly earnings results on Friday, June 26th. The company reported GBX (1.01) earnings per share (EPS) for the quarter. The company had revenue of GBX 602 million for the quarter. Thruvision Group had a negative return on equity of 67.80% and a negative net margin of 60.32%. On average, equities research analysts forecast that Thruvision Group plc will post -0.1 earnings per share for the current fiscal year.

Thruvision Group Company Profile

Thruvision Group plc engages in development, manufacture, and sale of passive people-screening technology in the United Kingdom, Europe, the Americas, and other countries. The company provides surface transportation security cameras for protecting the traveling public from terrorist attack; customs and border security cameras to check travelers for concealed contraband; entrance and public venue security cameras for screening visitors to detect weapons and explosives; loss prevention security cameras to detect and deter theft; and deployment accessories to provide operational flexibility.