Thalassa (LON:THAL) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Thalassa Holdings Limited (LON:THAL) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 23.59 and traded as low as GBX 21.50. Thalassa shares last traded at GBX 21.50, with a volume of 16,955 shares trading hands.

Thalassa Stock Performance

The company has a market capitalization of £3.58 million, a P/E ratio of -1.34 and a beta of 0.42. The stock’s fifty day moving average price is GBX 22.05 and its 200-day moving average price is GBX 23.59. 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 (LON:THAL) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (8) EPS for the quarter. The business had revenue of GBX 2 million for the quarter. Thalassa had a negative return on equity of 1.30% and a negative net margin of 52.68%.

About Thalassa

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.