Active Energy Group (LON:AEG) Stock Falls 10% – Time to Sell?

Active Energy Group Plc (LON:AEG) shares fell 10% during mid-day trading on Monday. The stock traded as low as GBX 0.07 and last traded at GBX 0.07. Approximately 14,145,281 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 63,778,098 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Trading Down 10.0%

The business’s fifty day moving average is GBX 0.08 and its 200-day moving average is GBX 0.09. The stock has a market capitalization of £4.90 million, a PE ratio of 0.51 and a beta of 0.49. The company has a quick ratio of 4.42, a current ratio of 0.16 and a debt-to-equity ratio of 79.84.

Active Energy Group (LON:AEG) last posted its quarterly earnings results on Thursday, October 1st. The company reported GBX (0.02) earnings per share for the quarter. Active Energy Group had a negative return on equity of 82.60% and a negative net margin of 1,149.71%.

About Active Energy Group

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. It engages in distribution of wood chip; and processing and distribution of wood; and property holding activities. The company was formerly known as Cinpart plc and changed its name to Active Energy Group Plc in July 2010.