MAST Energy Developments (LON:MAST) Trading Down 12.5% – Here’s What Happened

MAST Energy Developments PLC (LON:MASTGet Free Report) shares dropped 12.5% during trading on Monday . The stock traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 20,972,061 shares traded hands during trading, an increase of 139% from the average daily volume of 8,756,889 shares. The stock had previously closed at GBX 0.16 ($0.00).

MAST Energy Developments Trading Down 12.5 %

The firm’s 50-day simple moving average is GBX 0.16 and its 200 day simple moving average is GBX 0.18. The firm has a market capitalization of £596,890.00, a price-to-earnings ratio of -16.00 and a beta of -0.58. The company has a debt-to-equity ratio of 154.78, a current ratio of 0.15 and a quick ratio of 0.30.

MAST Energy Developments Company Profile

(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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