Blue Star Capital (LON:BLU) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Blue Star Capital plc (LON:BLUGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 7.51 ($0.10) and traded as low as GBX 5.25 ($0.07). Blue Star Capital shares last traded at GBX 5.44 ($0.07), with a volume of 1,500 shares trading hands.

Blue Star Capital Stock Performance

The stock’s 50 day simple moving average is GBX 7.51 and its 200 day simple moving average is GBX 4.13. The firm has a market cap of £257.55 million, a P/E ratio of 1.90 and a beta of 1.36.

Blue Star Capital (LON:BLUGet Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (18) (($0.24)) earnings per share (EPS) for the quarter.

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.

Further Reading

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