MAST Energy Developments (LON:MAST) Trading Up 12.5% – Should You Buy?

MAST Energy Developments PLC (LON:MASTGet Free Report) shares shot up 12.5% during trading on Friday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.18 ($0.00). 7,150,429 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 8,399,791 shares. The stock had previously closed at GBX 0.16 ($0.00).

MAST Energy Developments Stock Performance

The company’s fifty day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.15. The company has a debt-to-equity ratio of 154.78, a quick ratio of 0.30 and a current ratio of 0.15. The stock has a market capitalization of £733,322.00, a P/E ratio of -17.20 and a beta of -0.58.

About MAST Energy Developments

(Get Free Report)

MAST Energy Developments PLC engages in the development and production of power generation projects in the United Kingdom. It operates Pyebridge project, a 9 MW reserve power (RP) plant located in Derbyshir; Bordesley Project, a 5 MW gas powered RP site; Rochdale Project, a 4.4 MW capacity gas-powered RP site located in the West Midlands; the Hindlip project, a 7.5 MW capacity gas-powered standby generation facility located in Worcester; and the Stather, a 2.4 MW capacity gas-powered RP plant located in Scunthorpe, Lincolnshire.

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