Thor Energy (LON:THR) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Thor Energy Plc (LON:THR) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.59 and traded as high as GBX 0.60. Thor Energy shares last traded at GBX 0.56, with a volume of 460,371 shares trading hands.

Thor Energy Trading Up 9.1%

The firm’s 50 day moving average is GBX 0.59 and its 200 day moving average is GBX 0.58. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.66 and a quick ratio of 3.19. The company has a market cap of £6.18 million, a PE ratio of -0.67 and a beta of 0.36.

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”.