Active Energy Group (LON:AEG) Trading 5.1% Higher – Still a Buy?

Shares of Active Energy Group Plc (LON:AEG) were up 5.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.09 and last traded at GBX 0.08. Approximately 77,202,383 shares traded hands during trading, a decline of 2% from the average daily volume of 78,657,969 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Performance

The company has a debt-to-equity ratio of 94.17, a quick ratio of 4.42 and a current ratio of 0.08. The firm has a market cap of £3.34 million, a P/E ratio of -0.10 and a beta of 0.92. The company’s 50 day moving average is GBX 0.09 and its 200 day moving average is GBX 0.09.

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.