Active Energy Group (LON:AEG) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Active Energy Group Plc (LON:AEG)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.09 and traded as high as GBX 0.09. Active Energy Group shares last traded at GBX 0.08, with a volume of 51,177,359 shares trading hands.

Active Energy Group Price Performance

The stock has a market capitalization of £3.07 million, a price-to-earnings ratio of -0.09 and a beta of 0.92. The firm has a 50-day moving average of GBX 0.09 and a 200 day moving average of GBX 0.09. The company has a current ratio of 0.08, a quick ratio of 4.42 and a debt-to-equity ratio of 94.17.

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.