Thor Energy (LON:THR) Shares Pass Below 200-Day Moving Average – What’s Next?

Thor Energy Plc (LON:THRGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.60 and traded as low as GBX 0.50. Thor Energy shares last traded at GBX 0.52, with a volume of 743,963 shares traded.

Thor Energy Stock Down 4.8%

The firm has a market cap of £5.15 million, a price-to-earnings ratio of -0.54 and a beta of 0.13. The business has a 50 day moving average price of GBX 0.56 and a 200-day moving average price of GBX 0.60.

About Thor Energy

(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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