Active Energy Group (LON:AEG) Shares Down 13.3% – What’s Next?

Active Energy Group Plc (LON:AEG)’s share price dropped 13.3% during trading on Tuesday . The company traded as low as GBX 0.07 and last traded at GBX 0.07. Approximately 100,582,164 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 69,030,164 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Performance

The firm has a market cap of £2.50 million, a price-to-earnings ratio of -0.08 and a beta of 0.92. The company has a debt-to-equity ratio of 94.17, a current ratio of 0.08 and a quick ratio of 4.42. The firm has a fifty day simple moving average of GBX 0.09 and a two-hundred day simple moving average of 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.