Thalassa (LON:THAL) Stock Price Down 2.9% – Here’s Why

Thalassa Holdings Limited (LON:THALGet Free Report) traded down 2.9% on Friday . The company traded as low as GBX 23.25 ($0.29) and last traded at GBX 25.25 ($0.32). 13,915 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 13,546 shares. The stock had previously closed at GBX 26 ($0.33).

Thalassa Trading Down 2.9 %

The business’s 50-day moving average price is GBX 26.26 and its 200 day moving average price is GBX 25.86. The firm has a market capitalization of £2.01 million, a price-to-earnings ratio of -2,525.00 and a beta of 0.42. The company has a debt-to-equity ratio of 17.13, a current ratio of 4.20 and a quick ratio of 1.23.

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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