Active Energy Group (LON:AEG) Stock Price Down 13.3% – Here’s What Happened

Active Energy Group Plc (LON:AEG) fell 13.3% during mid-day trading on Tuesday . The company traded as low as GBX 0.07 and last traded at GBX 0.07. 100,582,164 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 69,030,164 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Price Performance

The company’s 50-day simple moving average is GBX 0.09 and its 200 day simple moving average is GBX 0.09. The company has a market capitalization of £2.65 million, a P/E ratio of -0.08 and a beta of 0.92. The company has a quick ratio of 4.42, a current ratio of 0.08 and a debt-to-equity ratio of 94.17.

About Active Energy Group

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.