Active Energy Group (LON:AEG) Shares Down 9.9% – Here’s What Happened

Active Energy Group Plc (LON:AEG)’s stock price dropped 9.9% during mid-day trading on Thursday. The stock traded as low as GBX 0.07 and last traded at GBX 0.07. Approximately 18,185,230 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 66,394,227 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Price Performance

The company has a debt-to-equity ratio of 79.84, a current ratio of 0.16 and a quick ratio of 4.42. The stock has a market cap of £4.96 million, a price-to-earnings ratio of 0.52 and a beta of 0.42. The stock has a fifty day moving average of GBX 0.08 and a 200 day moving average of GBX 0.09.

Active Energy Group (LON:AEG) last issued 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%.

Active Energy Group Company Profile

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.