Active Energy Group (LON:AEG) Stock Price Up 10.5% – Still a Buy?

Active Energy Group Plc (LON:AEG) shares were up 10.5% during mid-day trading on Tuesday . The stock traded as high as GBX 0.13 and last traded at GBX 0.12. Approximately 186,988,531 shares were traded during mid-day trading, an increase of 163% from the average daily volume of 71,201,617 shares. The stock had previously closed at GBX 0.11.

Active Energy Group Stock Performance

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 has a market capitalization of £5.09 million, a price-to-earnings ratio of -0.15 and a beta of 0.09. The stock’s 50 day moving average price is GBX 0.08 and its two-hundred day moving average price is GBX 0.08.

Active Energy Group Company Profile

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.