Blue Star Capital (LON:BLU) Stock Price Passes Below 50-Day Moving Average - Here's Why

Key Points

• Blue Star Capital's stock price fell below its 50-day moving average of GBX 17.50, trading as low as GBX 11.90.
• The company has a market capitalization of £613.35 million and a P/E ratio of 1.90.
• Blue Star Capital specializes in private equity and venture capital investments in seed, early, and late-stage companies, focusing on new technologies like esports and blockchain.

Blue Star Capital plc (LON:BLU - ) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 17.50 ($0.24) and traded as low as GBX 11.90 ($0.16). Blue Star Capital shares last traded at GBX 12.28 ($0.17), with a volume of 764,313 shares trading hands.

Blue Star Capital Price Performance

The firm has a fifty day moving average price of GBX 17.50 and a 200 day moving average price of GBX 11.19. The firm has a market capitalization of £613.35 million, a PE ratio of 1.90 and a beta of 1.36.

Blue Star Capital Company Profile

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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