Thruvision Group (LON:THRU) Shares Down 8.5% – Here’s What Happened

Thruvision Group plc (LON:THRU) shares dropped 8.5% on Wednesday . The stock traded as low as GBX 2.40 and last traded at GBX 2.70. Approximately 30,270,838 shares were traded during mid-day trading, an increase of 565% from the average session volume of 4,549,345 shares. The stock had previously closed at GBX 2.95.

Thruvision Group Stock Down 8.5%

The firm has a market cap of £12.11 million, a P/E ratio of -2.67 and a beta of 0.26. The company’s 50-day simple moving average is GBX 1.06 and its 200 day simple moving average is GBX 0.91. The company has a debt-to-equity ratio of 7.76, a current ratio of 2.97 and a quick ratio of 2.81.

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