Active Energy Group (LON:AEG) Stock Price Down 9.1% – Here’s What Happened
by Scott Moore · The Cerbat GemActive Energy Group Plc (LON:AEG – Get Free Report) dropped 9.1% during mid-day trading on Thursday . The stock traded as low as GBX 0.10 and last traded at GBX 0.10. Approximately 68,089,734 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 90,141,211 shares. The stock had previously closed at GBX 0.11.
Active Energy Group Trading Up 11.2%
The company’s 50 day moving average price is GBX 0.10 and its two-hundred day moving average price is GBX 0.09. The company has a debt-to-equity ratio of 94.17, a current ratio of 0.08 and a quick ratio of 4.42. The stock has a market capitalization of £5.70 million, a PE ratio of -0.13 and a beta of 0.40.
Active Energy Group Company Profile
Active Energy Group Plc, a renewable energy company, develops and produces biomass products in the United Kingdom and internationally. The company offers CoalSwitch, a biomass fuel that has been tested and proved to replace the traditional coal fired-power industry and existing renewable biomass industry without requiring plant modification. It engages in distribution of wood chip; and processing and distribution of wood; and property holding activities. The company was formerly known as Cinpart plc and changed its name to Active Energy Group Plc in July 2010.