Active Energy Group (LON:AEG) Shares Cross Above Fifty Day Moving Average of $5.78

Active Energy Group Plc (LON:AEGGet Rating)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 5.78 ($0.07) and traded as high as GBX 6.26 ($0.08). Active Energy Group shares last traded at GBX 6.05 ($0.07), with a volume of 78,477 shares changing hands.

Active Energy Group Stock Performance

The company has a market capitalization of £9.79 million and a price-to-earnings ratio of -60.50. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.91 and a quick ratio of 1.86. The stock has a 50 day moving average price of GBX 5.78 and a two-hundred day moving average price of GBX 2.14.

Insider Buying and Selling

In other news, insider Michael Rowan acquired 750,000 shares of the stock in a transaction that occurred on Tuesday, July 12th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, for a total transaction of £30,000 ($36,249.40).

About Active Energy Group

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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 utilizes low-value forestry, and agricultural residues and energy crops. It also engages in distribution of wood chip; and processing and distribution of wood; and property holding activities.

Further Reading

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