Active Energy Group (LON:AEG) Trading Down 3% – Time to Sell?

Active Energy Group Plc (LON:AEG)’s stock price dropped 3% during trading on Wednesday . The company traded as low as GBX 0.10 and last traded at GBX 0.10. Approximately 58,796,645 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 105,688,352 shares. The stock had previously closed at GBX 0.10.

Active Energy Group Price Performance

The firm’s 50 day simple moving average is GBX 0.08 and its two-hundred day simple moving average is GBX 0.10. 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 market capitalization of £3.57 million, a P/E ratio of -0.11 and a beta of 0.92.

About Active Energy Group

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.