MAST Energy Developments (LON:MAST) Shares Down 4.6% – Here’s Why

Shares of MAST Energy Developments PLC (LON:MASTGet Free Report) were down 4.6% during trading on Wednesday . The company traded as low as GBX 1.77 and last traded at GBX 1.82. Approximately 3,025,086 shares changed hands during trading, a decline of 35% from the average daily volume of 4,684,408 shares. The stock had previously closed at GBX 1.91.

MAST Energy Developments Stock Performance

The firm’s 50 day simple moving average is GBX 2.99 and its 200-day simple moving average is GBX 27.90. The company has a debt-to-equity ratio of 154.78, a quick ratio of 0.30 and a current ratio of 0.15. The company has a market cap of £3.12 million, a price-to-earnings ratio of -0.13 and a beta of -0.58.

About MAST Energy Developments

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Quantum Dara Energy 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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