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Blue Star Capital (LON:BLU) Shares Down 24.8% - Time to Sell?

Blue Star Capital logo with Financial Services background

Blue Star Capital plc (LON:BLU - Get Free Report) shares were down 24.8% during trading on Wednesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 6.20 ($0.08). Approximately 1,113,651 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 528,799 shares. The stock had previously closed at GBX 8.25 ($0.10).

Blue Star Capital Stock Performance

The company has a 50-day simple moving average of GBX 0.56 and a two-hundred day simple moving average of GBX 0.21. The firm has a market capitalization of £356.30 million, a P/E ratio of 1.90 and a beta of 1.36.

Blue Star Capital Company Profile

(Get Free Report)

Blue Star Capital plc is a private equity and venture capital firm specializing in investments in seed, early stage, and late stage companies, including buy-outs. The firm provides funding for shell companies at the founder stage, upon IPO and operating businesses prior to IPO or alternative exit. It typically invests in new, disruptive technologies in the fast growing areas of esports, blockchain, and payments.

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