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

Thalassa Holdings Limited (LON:THALGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 25.90 ($0.33) and traded as low as GBX 23.15 ($0.29). Thalassa shares last traded at GBX 23.15 ($0.29), with a volume of 2,843 shares traded.

Thalassa Price Performance

The business has a 50-day moving average price of GBX 25.56 and a 200 day moving average price of GBX 25.90. The stock has a market capitalization of £1.84 million, a P/E ratio of -2,315.00 and a beta of 0.42. The company has a current ratio of 4.20, a quick ratio of 1.23 and a debt-to-equity ratio of 17.13.

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.

Further Reading

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