Active Energy Group (LON:AEG) Shares Up 6.7% – Should You Buy?

Active Energy Group Plc (LON:AEG) shot up 6.7% on Monday. The company traded as high as GBX 0.08 and last traded at GBX 0.08. Approximately 3,747,461 shares changed hands during trading, a decline of 94% from the average session volume of 67,260,695 shares. The stock had previously closed at GBX 0.07.

Active Energy Group Trading Up 1.3%

The firm has a market cap of £5.44 million, a price-to-earnings ratio of 0.57 and a beta of 0.42. The company has a debt-to-equity ratio of 79.84, a current ratio of 0.16 and a quick ratio of 4.42. The firm’s fifty day moving average is GBX 0.08 and its 200-day moving average is GBX 0.09.

Active Energy Group (LON:AEG) last issued its quarterly earnings results on Thursday, October 1st. The company reported GBX (0.02) EPS for the quarter. Active Energy Group had a negative net margin of 1,149.71% and a negative return on equity of 82.60%.

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.