Blue Star Capital (LON:BLU) Shares Climb 30.7% – Time to Buy?

Shares of Blue Star Capital plc (LON:BLU) shot up 30.7% on Tuesday. The company traded as high as GBX 5 and last traded at GBX 4.90. 256,469 shares traded hands during mid-day trading, an increase of 56% from the average daily volume of 164,915 shares. The stock had previously closed at GBX 3.75.

Blue Star Capital Price Performance

The stock has a market capitalization of £2.51 million, a PE ratio of -1.77 and a beta of 1.36. The company has a 50 day moving average price of GBX 4.15 and a 200-day moving average price of GBX 7.20.

About Blue Star Capital

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.