Thalassa (LON:THAL) Shares Up 0.9% – Here’s Why

Thalassa Holdings Limited (LON:THAL – Get Free Report) shares traded up 0.9% during trading on Wednesday. The company traded as high as GBX 23.20 and last traded at GBX 23.20. Approximately 2,676 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 9,003 shares. The stock had previously closed at GBX 23.

Thalassa Price Performance

The company has a debt-to-equity ratio of 17.13, a current ratio of 4.20 and a quick ratio of 1.23. The business’s 50-day moving average price is GBX 23 and its two-hundred day moving average price is GBX 22.75. The firm has a market cap of £3.83 million, a price-to-earnings ratio of -2.30 and a beta of 0.42.

Thalassa Company Profile

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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.

Further Reading

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