Active Energy Group (LON:AEG) Shares Up 11.8% – Should You Buy?

Active Energy Group Plc (LON:AEG)’s stock price traded up 11.8% on Wednesday . The company traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 30,981,693 shares changed hands during mid-day trading, an increase of 70% from the average session volume of 18,270,113 shares. The stock had previously closed at GBX 0.09 ($0.00).

Active Energy Group Trading Down 1.1%

The stock has a 50-day simple moving average of GBX 0.13 and a two-hundred day simple moving average of GBX 0.20. The company has a debt-to-equity ratio of 6.24, a quick ratio of 4.42 and a current ratio of 1.71. The firm has a market cap of £441,538.92, a PE ratio of -7.57 and a beta of 0.92.

Active Energy Group (LON:AEG) last issued its earnings results on Monday, June 30th. The company reported GBX (1.15) earnings per share for the quarter.

Insider Transactions at Active Energy Group

In other news, insider Pankaj Rajani purchased 5,882,353 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was acquired at an average cost of GBX 9 per share, for a total transaction of £529,411.77. Also, insider Paul Elliott purchased 5,527,000 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were purchased at an average price of GBX 9 per share, with a total value of £497,430. Over the last 90 days, insiders have acquired 14,895,752 shares of company stock valued at $5,088,234,747. Corporate insiders own 38.14% of the company’s stock.

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.