MAST Energy Developments (LON:MAST) Sets New 12-Month High - Time to Buy?

Key Points

• MAST Energy Developments PLC reached a new 52-week high of GBX 102.40 ($1.38) during trading, closing at GBX 100 ($1.35) with a trading volume of 745,042 shares.
• The company's market capitalization is £426.35 million, with notable financial metrics including a PE ratio of -10,000.00 and a debt-to-equity ratio of 154.78.
• Insider trading activity included Paul Venter acquiring 1,926,000 shares at an average cost of GBX 4, indicating strong insider confidence in the company's future.

Shares of MAST Energy Developments PLC (LON:MAST - ) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 102.40 ($1.38) and last traded at GBX 100 ($1.35), with a volume of 745042 shares changing hands. The stock had previously closed at GBX 91.50 ($1.24).

MAST Energy Developments Stock Up 9.3%

The company's fifty day moving average price is GBX 39.36 and its 200-day moving average price is GBX 13.95. The stock has a market capitalization of £426.35 million, a PE ratio of -10,000.00 and a beta of -0.58. The company has a quick ratio of 0.30, a current ratio of 0.15 and a debt-to-equity ratio of 154.78.

Insider Activity at MAST Energy Developments

In related news, insider Paul Venter acquired 1,926,000 shares of MAST Energy Developments stock in a transaction on Friday, July 11th. The shares were bought at an average cost of GBX 4 per share, with a total value of £77,040. 27.65% 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.

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