Active Energy Group (LON:AEG) Stock Price Down 8.2% – Here’s Why

Active Energy Group Plc (LON:AEG)’s stock price traded down 8.2% during mid-day trading on Tuesday . The company traded as low as GBX 0.09 and last traded at GBX 0.09. 252,119,734 shares were traded during mid-day trading, an increase of 85% from the average session volume of 136,349,703 shares. The stock had previously closed at GBX 0.10.

Active Energy Group Stock Down 4.4%

The company has a debt-to-equity ratio of 6.24, a current ratio of 1.71 and a quick ratio of 4.42. The firm has a 50-day moving average of GBX 0.08 and a 200 day moving average of GBX 0.10. The stock has a market capitalization of £3.30 million, a price-to-earnings ratio of -0.10 and a beta of 0.92.

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.