Active Energy Group (LON:AEG) Stock Jumps 18.8% – What’s Next?

Shares of Active Energy Group Plc (LON:AEG) traded up 18.8% during mid-day trading on Wednesday. The stock traded as high as GBX 0.10 and last traded at GBX 0.10. Approximately 99,736,820 shares traded hands during trading, an increase of 50% from the average daily volume of 66,340,359 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Performance

The stock has a 50-day simple moving average of GBX 0.08 and a 200 day simple moving average of GBX 0.09. The company has a debt-to-equity ratio of 79.84, a current ratio of 0.16 and a quick ratio of 4.42. The company has a market capitalization of £5.78 million, a PE ratio of 0.61 and a beta of 0.42.

Active Energy Group (LON:AEG) last posted its earnings results on Thursday, October 1st. The company reported GBX (0.02) earnings per share for the quarter. Active Energy Group had a negative net margin of 1,149.71% and a negative return on equity of 82.60%.

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.