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Blue Star Capital (LON:BLU) Trading Down 18% - Here's Why

Blue Star Capital logo with Financial Services background

Blue Star Capital plc (LON:BLU - Get Free Report) shares were down 18% on Saturday . The company traded as low as GBX 4.51 ($0.06) and last traded at GBX 4.51 ($0.06). Approximately 1,514,569 shares were traded during trading, an increase of 974% from the average daily volume of 140,964 shares. The stock had previously closed at GBX 5.50 ($0.07).

Blue Star Capital Stock Up 11.1%

The company has a market cap of £254.50 million, a price-to-earnings ratio of 1.90 and a beta of 1.36. The stock has a fifty day moving average price of GBX 5.67 and a two-hundred day moving average price of GBX 4.81.

Blue Star Capital (LON:BLU - Get Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (18) (($0.24)) EPS for the quarter.

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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