Blue Star Capital (LON:BLU) Shares Up 17.6% - Time to Buy?

Blue Star Capital plc (LON:BLU - Get Free Report) was up 17.6% during trading on Thursday . The stock traded as high as GBX 15 ($0.20) and last traded at GBX 14.88 ($0.20). Approximately 901,049 shares were traded during mid-day trading, an increase of 99% from the average daily volume of 451,712 shares. The stock had previously closed at GBX 12.66 ($0.17).

Blue Star Capital Stock Performance

The stock has a market cap of £951.83 million, a price-to-earnings ratio of 1.90 and a beta of 1.36. The business has a 50-day simple moving average of GBX 8.22 and a two-hundred day simple moving average of GBX 6.73.

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

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.