Blue Star Capital (LON:BLU) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Blue Star Capital plc (LON:BLU) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 9.99 and traded as low as GBX 8.50. Blue Star Capital shares last traded at GBX 9.76, with a volume of 245,668 shares trading hands.

Blue Star Capital Price Performance

The stock’s 50 day moving average is GBX 9.99 and its 200-day moving average is GBX 12.43. The company has a market capitalization of £4.19 million, a P/E ratio of -0.53 and a beta of 1.36.

About Blue Star Capital

Blue Star Capital plc is a private equity and venture capital firm specializing in investments in seed, early stage, and late stage companies, including buy-outs. The firm provides funding for shell companies at the founder stage, upon IPO and operating businesses prior to IPO or alternative exit. It typically invests in new, disruptive technologies in the fast growing areas of esports, blockchain, and payments. The firm invests globally. The firm typically invests between £250,000 ($387,850) and £2 million ($3.1 million) over the lifetime of an investment.