Active Energy Group (LON:AEG) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Active Energy Group Plc (LON:AEGGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.09 and traded as low as GBX 0.09. Active Energy Group shares last traded at GBX 0.10, with a volume of 19,964,395 shares traded.

Active Energy Group Trading Up 2.0%

The company has a debt-to-equity ratio of 39.61, a current ratio of 0.63 and a quick ratio of 4.42. The business’s 50-day moving average is GBX 0.10 and its two-hundred day moving average is GBX 0.09. The firm has a market cap of £6.80 million, a P/E ratio of -0.91 and a beta of 0.42.

About Active Energy Group

(Get Free Report)

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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