Active Energy Group (LON:AEG) Shares Down 4.8% – What’s Next?

Active Energy Group Plc (LON:AEGGet Free Report)’s share price traded down 4.8% during mid-day trading on Friday . The company traded as low as GBX 0.08 and last traded at GBX 0.08. Approximately 7,173,729 shares changed hands during trading, a decline of 91% from the average daily volume of 80,326,602 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Down 4.8%

The firm’s 50 day simple moving average is GBX 0.10 and its 200 day simple moving average is GBX 0.10. The company has a market cap of £5.44 million, a price-to-earnings ratio of -0.73 and a beta of 0.42. The company has a quick ratio of 4.42, a current ratio of 0.63 and a debt-to-equity ratio of 39.61.

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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