Active Energy Group (LON:AEG) Shares Down 3% – What’s Next?

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

Active Energy Group Stock Performance

The firm has a 50 day moving average of GBX 0.08 and a 200-day moving average of GBX 0.10. The company has a market cap of £3.76 million, a P/E ratio of -0.12 and a beta of 0.92. The company has a quick ratio of 4.42, a current ratio of 1.71 and a debt-to-equity ratio of 6.24.

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.