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MAST Energy Developments (LON:MAST) Reaches New 1-Year High - Time to Buy?

MAST Energy Developments logo with Utilities background

Shares of MAST Energy Developments PLC (LON:MAST - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 80.70 ($1.08) and last traded at GBX 79 ($1.06), with a volume of 1278935 shares traded. The stock had previously closed at GBX 61 ($0.82).

MAST Energy Developments Stock Performance

The firm's 50 day moving average price is GBX 5.73 and its 200-day moving average price is GBX 2.11. 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 market capitalization of £336.82 million, a PE ratio of -7,900.00 and a beta of -0.58.

MAST Energy Developments (LON:MAST - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported GBX (0.32) ($0.00) earnings per share for the quarter.

Insider Activity at MAST Energy Developments

In other news, insider Paul Venter purchased 1,926,000 shares of MAST Energy Developments stock in a transaction dated Friday, July 11th. The shares were purchased at an average price of GBX 4 ($0.05) per share, with a total value of £77,040 ($103,451.05). Insiders own 27.65% of the company's stock.

About MAST Energy Developments

(Get Free Report)

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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