Active Energy Group (LON:AEG) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Active Energy Group Plc (LON:AEG) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.09 and traded as low as GBX 0.09. Active Energy Group shares last traded at GBX 0.10, with a volume of 19,964,395 shares.

Active Energy Group Stock Performance

The stock has a fifty day simple moving average of GBX 0.10 and a 200-day simple moving average of GBX 0.09. The stock has a market cap of £6.80 million, a P/E ratio of -0.91 and a beta of 0.42. The company has a debt-to-equity ratio of 39.61, a quick ratio of 4.42 and a current ratio of 0.63.

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.