Blue Star Capital (LON:BLU) Stock Price Down 10.3% – Here’s Why

Blue Star Capital plc (LON:BLU)’s stock price traded down 10.3% during mid-day trading on Wednesday . The company traded as low as GBX 9.50 and last traded at GBX 9.87. 410,251 shares changed hands during trading, an increase of 73% from the average session volume of 237,444 shares. The stock had previously closed at GBX 11.

Blue Star Capital Price Performance

The stock has a 50 day simple moving average of GBX 10.54 and a 200-day simple moving average of GBX 10.62. The firm has a market cap of £4.64 million, a PE ratio of -5.05 and a beta of 1.36.

Blue Star Capital (LON:BLU) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX (1.93) earnings per share (EPS) 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.