Blue Star Capital (LON:BLU) Shares Up 30.7% – Time to Buy?

Blue Star Capital plc (LON:BLU – Get Free Report)’s share price rose 30.7% during mid-day trading on Tuesday. The company traded as high as GBX 5 and last traded at GBX 4.90. 256,469 shares traded hands during mid-day trading, an increase of 56% from the average daily volume of 164,915 shares. The stock had previously closed at GBX 3.75.

Blue Star Capital Trading Up 30.7%

The business’s fifty day simple moving average is GBX 4.15 and its 200-day simple moving average is GBX 7.20. The firm has a market cap of £2.51 million, a P/E ratio of -1.77 and a beta of 1.36.

About Blue Star Capital

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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.

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