Thalassa (LON:THAL) Shares Pass Below 200-Day Moving Average – Time to Sell?

Thalassa Holdings Limited (LON:THALGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 25.91 ($0.32) and traded as low as GBX 23.98 ($0.30). Thalassa shares last traded at GBX 23.98 ($0.30), with a volume of 10,700 shares changing hands.

Thalassa Price Performance

The business has a 50 day simple moving average of GBX 25.73 and a 200 day simple moving average of GBX 25.91. 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 company has a market capitalization of £1.91 million, a price-to-earnings ratio of -2,398.00 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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