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Tharisa (LON:THS) Share Price Passes Below 50-Day Moving Average - Time to Sell?

Tharisa logo with Basic Materials background

Tharisa plc (LON:THS - Get Free Report)'s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 73.68 ($0.96) and traded as low as GBX 67 ($0.87). Tharisa shares last traded at GBX 68 ($0.88), with a volume of 248,501 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 130 ($1.69) price target on shares of Tharisa in a report on Thursday, July 25th.

Get Our Latest Stock Analysis on Tharisa

Tharisa Price Performance

The firm has a market capitalization of £200.74 million, a PE ratio of 323.81 and a beta of 0.90. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.80 and a current ratio of 2.07. The business's 50 day moving average is GBX 73.68 and its two-hundred day moving average is GBX 75.58.

About Tharisa

(Get Free Report)

Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.

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