Blue Star Capital (LON:BLU) Stock Price Down 13.6% – Here’s Why

Blue Star Capital plc (LON:BLUGet Free Report)’s share price was down 13.6% during mid-day trading on Tuesday . The stock traded as low as GBX 8.21 ($0.10) and last traded at GBX 8.21 ($0.10). Approximately 66,821 shares changed hands during trading, a decline of 86% from the average daily volume of 468,166 shares. The stock had previously closed at GBX 9.50 ($0.12).

Blue Star Capital Stock Performance

The firm has a fifty day simple moving average of GBX 2.31 and a 200-day simple moving average of GBX 0.82. The firm has a market cap of £432.14 million, a price-to-earnings ratio of 1.90 and a beta of 1.36.

About Blue Star Capital

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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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