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Blue Star Capital (LON:BLU) Shares Cross Below Fifty Day Moving Average - Should You Sell?

Blue Star Capital logo with Financial Services background

Key Points

  • Blue Star Capital's stock has fallen below its 50-day moving average of GBX 17.34, currently trading at GBX 15.08.
  • The company has a market capitalization of £767.06 million and a P/E ratio of 1.90.
  • Blue Star Capital specializes in private equity and venture capital investments, focusing on disruptive technologies in sectors like esports, blockchain, and payments.
  • MarketBeat previews top five stocks to own in October.

Blue Star Capital plc (LON:BLU - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 17.34 ($0.23) and traded as low as GBX 15.06 ($0.20). Blue Star Capital shares last traded at GBX 15.08 ($0.20), with a volume of 28,365 shares changing hands.

Blue Star Capital Stock Down 7.5%

The firm has a 50 day moving average price of GBX 17.44 and a two-hundred day moving average price of GBX 11.12. The company has a market capitalization of £729.91 million, a price-to-earnings ratio of 1.90 and a beta of 1.36.

About Blue Star Capital

(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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