Active Energy Group (LON:AEG) Trading Up 15.4% – Here’s Why

Active Energy Group Plc (LON:AEGGet Free Report)’s share price traded up 15.4% on Tuesday . The stock traded as high as GBX 0.09 and last traded at GBX 0.09. Approximately 107,611,180 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 73,052,109 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Down 2.4%

The stock’s fifty day simple moving average is GBX 0.09 and its 200-day simple moving average is GBX 0.09. The stock has a market cap of £5.51 million, a P/E ratio of -0.74 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

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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.

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