Blue Star Capital (LON:BLU) Stock Price Down 18% – What’s Next?

Blue Star Capital plc (LON:BLU)’s stock price traded down 18% on Saturday . The stock traded as low as GBX 4.51 ($0.06) and last traded at GBX 4.51 ($0.06). 1,514,569 shares changed hands during trading, an increase of 974% from the average session volume of 140,964 shares. The stock had previously closed at GBX 5.50 ($0.07).

Blue Star Capital Stock Performance

The firm has a market cap of £229.56 million, a price-to-earnings ratio of 1.90 and a beta of 1.36. The company’s fifty day moving average is GBX 5.85 and its two-hundred day moving average is GBX 4.78.

Blue Star Capital (LON:BLU) last posted its earnings results on Monday, March 31st. The company reported GBX (18) (($0.24)) earnings per share for the quarter.

Blue Star Capital Company Profile

Blue Star Capital plc is a private equity and venture capital firm specializing in investments in seed, early stage, and late stage companies, including buy-outs. The firm provides funding for shell companies at the founder stage, upon IPO and operating businesses prior to IPO or alternative exit. It typically invests in new, disruptive technologies in the fast growing areas of esports, blockchain, and payments.