Blue Star Capital (LON:BLU) Shares Down 23.2% – Here’s Why

Shares of Blue Star Capital plc (LON:BLUGet Free Report) fell 23.2% on Thursday . The company traded as low as GBX 2.31 ($0.03) and last traded at GBX 2.31 ($0.03). 108,342 shares were traded during trading, an increase of 68% from the average session volume of 64,662 shares. The stock had previously closed at GBX 3 ($0.04).

Blue Star Capital Stock Down 23.2 %

The firm’s 50 day simple moving average is GBX 0.17 and its 200-day simple moving average is GBX 0.07. The company has a market capitalization of £117.32 million, a PE ratio of 1.90 and a beta of 1.36.

Blue Star Capital Company Profile

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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.

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