Active Energy Group (LON:AEG) Shares Down 3.1% – Should You Sell?

Active Energy Group Plc (LON:AEG) shares fell 3.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 177,885 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 22,599,773 shares. The stock had previously closed at GBX 0.10 ($0.00).

Active Energy Group Price Performance

The company has a quick ratio of 4.42, a current ratio of 1.71 and a debt-to-equity ratio of 6.24. The firm has a market capitalization of £3.65 million, a price-to-earnings ratio of -11.18 and a beta of 0.92. The stock’s 50 day moving average price is GBX 0.12 and its two-hundred day moving average price is GBX 0.19.

Active Energy Group (LON:AEG) last posted its quarterly earnings results on Tuesday, September 30th. The company reported GBX (27) earnings per share for the quarter.

Insiders Place Their Bets

In related news, insider Paul Elliott purchased 5,527,000 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were acquired at an average cost of GBX 9 per share, with a total value of £497,430. Also, insider Pankaj Rajani purchased 5,882,353 shares of the company’s stock in a transaction dated Wednesday, September 10th. The stock was bought at an average cost of GBX 9 per share, for a total transaction of £529,411.77. Insiders bought 14,895,752 shares of company stock worth $5,088,234,747 over the last ninety days. 5.34% of the stock is currently owned by company insiders.

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.