MAST Energy Developments PLC (LON:MAST – Get Free Report) traded up 23.8% on Wednesday following insider buying activity. The stock traded as high as GBX 61.65 ($0.83) and last traded at GBX 58.80 ($0.79). 477,584 shares were traded during mid-day trading, an increase of 0% from the average session volume of 476,719 shares. The stock had previously closed at GBX 47.50 ($0.64).
Specifically, insider Paul Venter bought 1,926,000 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £77,040 ($103,381.64).
MAST Energy Developments Stock Performance
The stock has a 50-day moving average price of GBX 4.16 and a 200 day moving average price of GBX 1.57. The company has a quick ratio of 0.30, a current ratio of 0.15 and a debt-to-equity ratio of 154.78. The firm has a market capitalization of £263.06 million, a price-to-earnings ratio of -6,170.00 and a beta of -0.58.
About MAST Energy Developments
Mast Energy Developments PLC engages in the development and operation of flexible power plants for the generation and sale of electricity in the UK.
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