Active Energy Group (LON:AEG) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Active Energy Group Plc (LON:AEG) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.10 and traded as low as GBX 0.08. Active Energy Group shares last traded at GBX 0.08, with a volume of 14,697,644 shares changing hands.

Active Energy Group Stock Up 1.2%

The company has a debt-to-equity ratio of 39.61, a quick ratio of 4.42 and a current ratio of 0.63. The company has a market cap of £5.78 million, a price-to-earnings ratio of -0.77 and a beta of 0.42. The stock’s fifty day moving average is GBX 0.10 and its two-hundred day moving average is GBX 0.10.

About Active Energy Group

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.