Thalassa (LON:THAL) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Thalassa Holdings Limited (LON:THALGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 23.16 and traded as high as GBX 23.87. Thalassa shares last traded at GBX 22.55, with a volume of 13,317 shares traded.

Thalassa Trading Down 5.5%

The company has a debt-to-equity ratio of 17.13, a current ratio of 4.20 and a quick ratio of 1.23. The business’s 50 day moving average is GBX 22.25 and its 200 day moving average is GBX 23.16. The stock has a market cap of £3.76 million, a price-to-earnings ratio of -1.41 and a beta of 0.42.

Thalassa (LON:THALGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported GBX (8) EPS for the quarter. The firm 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%.

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.

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