Blue Star Capital (LON:BLU) Trading Down 8% – Here’s What Happened

Blue Star Capital plc (LON:BLU) shares dropped 8% on Wednesday . The company traded as low as GBX 13.11 and last traded at GBX 13.11. Approximately 414,834 shares were traded during trading, an increase of 63% from the average daily volume of 253,933 shares. The stock had previously closed at GBX 14.25.

Blue Star Capital Stock Down 8.8%

The company has a market cap of £6.18 million, a price-to-earnings ratio of -6.74 and a beta of 1.36. The stock has a fifty day moving average price of GBX 9.50 and a two-hundred day moving average price of GBX 10.77.

Blue Star Capital (LON:BLU) last posted its earnings results on Friday, February 27th. The company reported GBX (1.93) earnings per share for the quarter.

Blue Star Capital Company Profile

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.