Active Energy Group (LON:AEG) Stock Price Up 12.8% – Should You Buy?

Shares of Active Energy Group Plc (LON:AEGGet Free Report) were up 12.8% on Thursday . The stock traded as high as GBX 0.09 and last traded at GBX 0.09. 39,324,281 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 78,648,141 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Price Performance

The company has a debt-to-equity ratio of 39.61, a quick ratio of 4.42 and a current ratio of 0.63. The business has a 50 day moving average price of GBX 0.10 and a 200-day moving average price of GBX 0.10. The company has a market capitalization of £5.98 million, a price-to-earnings ratio of -0.80 and a beta of 0.42.

Active Energy Group Company Profile

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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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