MAST Energy Developments (LON:MAST) Shares Up 11% – Time to Buy?

MAST Energy Developments PLC (LON:MASTGet Free Report)’s stock price was up 11% during trading on Monday . The company traded as high as GBX 74 ($0.99) and last traded at GBX 72.50 ($0.97). Approximately 1,105,013 shares changed hands during mid-day trading, an increase of 126% from the average daily volume of 488,172 shares. The stock had previously closed at GBX 65.33 ($0.88).

MAST Energy Developments Stock Up 11.0%

The business’s fifty day moving average price is GBX 30.21 and its 200 day moving average price is GBX 10.72. The company has a quick ratio of 0.30, a current ratio of 0.15 and a debt-to-equity ratio of 154.78. The firm has a market capitalization of £309.10 million, a PE ratio of -7,250.00 and a beta of -0.58.

Insider Activity at MAST Energy Developments

In other MAST Energy Developments news, insider Paul Venter bought 1,926,000 shares of MAST Energy Developments stock in a transaction dated Friday, July 11th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £77,040 ($103,576.23). Insiders own 27.65% of the company’s stock.

MAST Energy Developments Company Profile

(Get Free Report)

Mast Energy Developments PLC engages in the development and operation of flexible power plants for the generation and sale of electricity in the UK.

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