Thalassa (LON:THAL) Issues Earnings Results

Thalassa (LON:THAL) posted its quarterly earnings results on Thursday. The company reported GBX (8) earnings per share for the quarter, Digital Look Earnings reports. Thalassa had a negative net margin of 52.68% and a negative return on equity of 1.30%. The business had revenue of GBX 2 million during the quarter.

Thalassa Stock Performance

THAL remained flat at GBX 22.50 during trading hours on Thursday. The company had a trading volume of 6,366 shares, compared to its average volume of 10,873. Thalassa has a twelve month low of GBX 21 and a twelve month high of GBX 30. The company’s 50 day simple moving average is GBX 22.07 and its 200-day simple moving average is GBX 23.69. The company has a current ratio of 4.20, a quick ratio of 1.23 and a debt-to-equity ratio of 17.13. The firm has a market cap of £3.75 million, a price-to-earnings ratio of -1.41 and a beta of 0.42.

Thalassa Company Profile

Thalassa Holdings Limited, together with its subsidiaries, develops software for the flying node bespoke seismic sensor system. It engages in the research and development of autonomous underwater vehicles. Thalassa Holdings Limited was incorporated in 2007 and is based in Road Town, the British Virgin Islands.