Active Energy Group (LON:AEG) Trading Down 10% – Here’s What Happened

Active Energy Group Plc (LON:AEGGet Free Report) dropped 10% on Thursday . The company traded as low as GBX 0.10 and last traded at GBX 0.10. 34,348,723 shares traded hands during trading, a decline of 63% from the average daily volume of 92,484,195 shares. The stock had previously closed at GBX 0.11.

Active Energy Group Stock Down 10.0%

The company has a current ratio of 0.08, a quick ratio of 4.42 and a debt-to-equity ratio of 94.17. The firm’s fifty day moving average price is GBX 0.11 and its 200-day moving average price is GBX 0.09. The company has a market cap of £6.73 million, a price-to-earnings ratio of -0.12 and a beta of 0.43.

About Active Energy Group

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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.

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