Thalassa (LON:THAL) Sets New 1-Year Low – Time to Sell?

Shares of Thalassa Holdings Limited (LON:THALGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 21 and last traded at GBX 22.96, with a volume of 28000 shares changing hands. The stock had previously closed at GBX 23.

Thalassa Price Performance

The business has a fifty day moving average of GBX 25 and a 200-day moving average of GBX 24.54. The company has a current ratio of 4.20, a quick ratio of 1.23 and a debt-to-equity ratio of 17.13. The firm has a market cap of £3.82 million, a PE ratio of -1.44 and a beta of 0.42.

About Thalassa

(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.

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