MAST Energy Developments (LON:MAST) Trading Down 12.3% - Should You Sell?

MAST Energy Developments PLC (LON:MAST - Get Free Report) traded down 12.3% during mid-day trading on Monday . The stock traded as low as GBX 68.75 ($0.93) and last traded at GBX 74.99 ($1.01). 362,478 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 481,063 shares. The stock had previously closed at GBX 85.50 ($1.15).

MAST Energy Developments Stock Down 14.3%

The company's 50 day simple moving average is GBX 8.90 and its 200-day simple moving average is GBX 3.24. The firm has a market capitalization of £312.51 million, a PE ratio of -7,330.00 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.

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

Insider Buying and Selling

In other news, insider Paul Venter purchased 1,926,000 shares of the company's stock in a transaction on Friday, July 11th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £77,040 ($103,855.49). Company insiders own 27.65% of the company's stock.

MAST Energy Developments Company Profile

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