Thruvision Group (LON:THRU) Stock Price Up 31% – Here’s Why

Thruvision Group plc (LON:THRU)’s share price was up 31% during trading on Thursday . The company traded as high as GBX 1.65 and last traded at GBX 1.60. 44,403,098 shares were traded during mid-day trading, an increase of 1,068% from the average daily volume of 3,800,014 shares. The stock had previously closed at GBX 1.23.

Thruvision Group Stock Up 6.2%

The stock has a market cap of £7.63 million, a P/E ratio of -1.68 and a beta of 0.26. The company has a quick ratio of 2.81, a current ratio of 2.97 and a debt-to-equity ratio of 7.76. The company has a 50-day simple moving average of GBX 0.87 and a two-hundred day simple moving average of GBX 0.86.

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