Active Energy Group (LON:AEG) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Active Energy Group Plc (LON:AEG)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.17 and traded as low as GBX 0.08. Active Energy Group shares last traded at GBX 0.08, with a volume of 13,144,248 shares trading hands.

Active Energy Group Price Performance

The stock has a market cap of £3.07 million, a price-to-earnings ratio of -0.10 and a beta of 0.92. 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 business’s 50 day moving average is GBX 0.09 and its 200-day moving average is GBX 0.17.

Active Energy Group (LON:AEG) last issued its quarterly earnings data on Tuesday, September 30th. The company reported GBX (27) earnings per share for the quarter.

Insider Transactions at Active Energy Group

In other Active Energy Group news, insider Paul Elliott acquired 5,527,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was purchased at an average price of GBX 9 per share, for a total transaction of £497,430. Also, insider Pankaj Rajani bought 5,882,353 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average cost of GBX 9 per share, for a total transaction of £529,411.77. Insiders have acquired 14,895,752 shares of company stock worth $5,088,234,747 over the last quarter. Insiders own 5.74% 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.