Active Energy Group (LON:AEG) Stock Falls 10% – Should You Sell?

Active Energy Group Plc (LON:AEG) dropped 10% during trading on Wednesday. The company traded as low as GBX 0.07 and last traded at GBX 0.07. 4,249,925 shares were traded during mid-day trading, a decline of 94% from the average session volume of 68,102,344 shares. The stock had previously closed at GBX 0.08.

Active Energy Group Stock Performance

The stock has a market capitalization of £4.90 million, a P/E ratio of 0.51 and a beta of 0.42. The firm has a 50-day moving average of GBX 0.08 and a 200 day moving average of GBX 0.09. The company has a quick ratio of 4.42, a current ratio of 0.16 and a debt-to-equity ratio of 79.84.

Active Energy Group (LON:AEG) last posted its quarterly earnings results on Thursday, October 1st. The company reported GBX (0.02) earnings per share for the quarter. Active Energy Group had a negative return on equity of 82.60% and a negative net margin of 1,149.71%.

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.