MAST Energy Developments (LON:MAST) Stock Price Down 12.2% – Here’s Why

Shares of MAST Energy Developments PLC (LON:MASTGet Free Report) dropped 12.2% during mid-day trading on Wednesday . The company traded as low as GBX 3.35 and last traded at GBX 3.60. Approximately 2,655,937 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 3,772,542 shares. The stock had previously closed at GBX 4.10.

MAST Energy Developments Stock Down 8.7%

The firm has a market capitalization of £1.19 million, a P/E ratio of -0.28 and a beta of -0.58. The company has a debt-to-equity ratio of 154.78, a current ratio of 0.15 and a quick ratio of 0.30. The firm’s fifty day moving average price is GBX 4.59 and its 200-day moving average price is GBX 47.92.

About MAST Energy Developments

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Quantum Dara Energy PLC engages in the development and operation of flexible power plants for the generation and sale of electricity in the UK.

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