Active Energy Group (LON:AEG) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Active Energy Group Plc (LON:AEG) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.09 and traded as high as GBX 0.12. Active Energy Group shares last traded at GBX 0.11, with a volume of 570,009,938 shares changing hands.

Active Energy Group Trading Up 4.6%

The company has a quick ratio of 4.42, a current ratio of 0.08 and a debt-to-equity ratio of 94.17. The firm’s 50-day moving average price is GBX 0.09 and its 200 day moving average price is GBX 0.09. The company has a market capitalization of £4.43 million, a P/E ratio of -0.13 and a beta of 0.09.

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.