Thalassa (LON:THAL) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Thalassa Holdings Limited (LON:THALGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 25.84 ($0.34) and traded as low as GBX 23 ($0.30). Thalassa shares last traded at GBX 23 ($0.30), with a volume of 8,664 shares traded.

Thalassa Price Performance

The company’s 50 day moving average price is GBX 24.95 and its 200-day moving average price is GBX 25.84. The company has a market cap of £1.83 million, a price-to-earnings ratio of -2,300.00 and a beta of 0.42. The company has a debt-to-equity ratio of 17.13, a quick ratio of 1.23 and a current ratio of 4.20.

Thalassa Company Profile

(Get Free Report)

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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