Thalassa (LON:THAL) Stock Price Down 2.9% – Should You Sell?

Shares of Thalassa Holdings Limited (LON:THAL) fell 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 firm has a market cap of £2.01 million, a P/E ratio of -2,525.00 and a beta of 0.42. The firm’s fifty day moving average is GBX 26.26 and its two-hundred day moving average is GBX 25.85. The company has a quick ratio of 1.23, a current ratio of 4.20 and a debt-to-equity ratio of 17.13.

Thalassa Company Profile

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.