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Blue Star Capital (LON:BLU) Shares Up 9.7% - Here's Why

Blue Star Capital logo with Financial Services background

Key Points

  • Blue Star Capital's shares rose by 9.7% during trading, reaching a high of GBX 17 ($0.23) after closing the previous day at GBX 15.50 ($0.21).
  • Trading volume increased by 20%, with approximately 651,208 shares changing hands compared to the average daily volume of 543,583 shares.
  • The firm specializes in private equity and venture capital, targeting investments in innovative sectors such as esports, blockchain, and payments.
  • Want stock alerts on Blue Star Capital? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Blue Star Capital plc (LON:BLU - Get Free Report) rose 9.7% during mid-day trading on Friday . The company traded as high as GBX 17 ($0.23) and last traded at GBX 17 ($0.23). Approximately 651,208 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 543,583 shares. The stock had previously closed at GBX 15.50 ($0.21).

Blue Star Capital Stock Up 4.3%

The firm has a market cap of £889.48 million, a price-to-earnings ratio of 1.90 and a beta of 1.36. The business has a 50 day moving average price of GBX 17.32 and a 200-day moving average price of GBX 10.65.

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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