Thruvision Group (LON:THRU) Stock Price Up 30% – Time to Buy?

Thruvision Group plc (LON:THRU)’s share price rose 30% during mid-day trading on Tuesday . The stock traded as high as GBX 3.20 and last traded at GBX 2.92. 24,188,795 shares traded hands during trading, an increase of 453% from the average session volume of 4,374,373 shares. The stock had previously closed at GBX 2.25.

Thruvision Group Stock Performance

The stock’s 50 day moving average price is GBX 1.02 and its 200 day moving average price is GBX 0.90. The company has a debt-to-equity ratio of 7.76, a quick ratio of 2.81 and a current ratio of 2.97. The company has a market capitalization of £13.12 million, a P/E ratio of -2.90 and a beta of 0.26.

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

About Thruvision Group

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.