Blue Star Capital (LON:BLU) Trading Down 8% – Here’s What Happened

Blue Star Capital plc (LON:BLU) traded down 8% during trading on Wednesday . The company traded as low as GBX 13.11 and last traded at GBX 13.11. 414,834 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 253,933 shares. The stock had previously closed at GBX 14.25.

Blue Star Capital Price Performance

The company has a market cap of £6.18 million, a P/E ratio of -6.74 and a beta of 1.36. The stock has a 50-day moving average of GBX 9.50 and a 200 day moving average of GBX 10.77.

Blue Star Capital (LON:BLU) last issued its quarterly earnings results on Friday, February 27th. The company reported GBX (1.93) EPS for the quarter.

Blue Star Capital Company Profile

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. The firm invests globally. The firm typically invests between £250,000 ($387,850) and £2 million ($3.1 million) over the lifetime of an investment.