MAST Energy Developments (LON:MAST) Announces Earnings Results

Key Points

• MAST Energy Developments reported a quarterly earnings per share (EPS) of GBX 6.40.
• The company's stock opened at GBX 139.85, with a market cap of £596.25 million and a significant debt-to-equity ratio of 154.78.
• Insider Paul Venter purchased 1,926,000 shares at an average price of GBX 4, increasing insider ownership to 27.65%.

MAST Energy Developments (LON:MAST - Get Free Report) announced its earnings results on Thursday. The company reported GBX (6.40) earnings per share for the quarter, Digital Look Earnings reports.

MAST Energy Developments Stock Up 1.0%

MAST stock traded up GBX 1.50 on Friday, hitting GBX 158. 216,097 shares of the company's stock were exchanged, compared to its average volume of 482,523. MAST Energy Developments has a 12-month low of GBX 5.20 and a 12-month high of GBX 175. The stock has a market cap of £20.50 million, a P/E ratio of -1,234.38 and a beta of -0.58. The company has a debt-to-equity ratio of 154.78, a quick ratio of 0.30 and a current ratio of 0.15. The firm has a 50 day moving average price of GBX 64.85 and a two-hundred day moving average price of GBX 22.75.

Insider Transactions at MAST Energy Developments

In other news, insider Paul Venter purchased 1,926,000 shares of the stock in a transaction on Friday, July 11th. The stock was bought at an average price of GBX 4 per share, with a total value of £77,040. 46.88% of the stock is owned by company insiders.

About MAST Energy Developments

Mast Energy Developments PLC engages in the development and operation of flexible power plants for the generation and sale of electricity in the UK.