Blue Star Capital (LON:BLU) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Blue Star Capital plc (LON:BLUGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 7.30 ($0.09) and traded as high as GBX 9 ($0.12). Blue Star Capital shares last traded at GBX 8.05 ($0.10), with a volume of 26,127 shares changing hands.

Blue Star Capital Price Performance

The firm has a market cap of £409.75 million, a price-to-earnings ratio of 1.90 and a beta of 1.36. The business has a 50-day moving average of GBX 7.30 and a 200-day moving average of GBX 2.55.

Blue Star Capital Company Profile

(Get Free Report)

Blue Star Capital plc is a private equity and venture capital firm specializing in investments in seed, early stage, and late stage companies, including buy-outs. The firm provides funding for shell companies at the founder stage, upon IPO and operating businesses prior to IPO or alternative exit. It typically invests in new, disruptive technologies in the fast growing areas of esports, blockchain, and payments.

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