MAST Energy Developments (LON:MAST) Trading 12.5% Higher – Should You Buy?

MAST Energy Developments PLC (LON:MAST)’s stock price shot up 12.5% during mid-day trading on Friday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.18 ($0.00). 7,150,429 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 8,399,791 shares. The stock had previously closed at GBX 0.16 ($0.00).

MAST Energy Developments Stock Up 21.3 %

The business’s fifty day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.15. The company has a market cap of £827,119.00, a PE ratio of -19.40 and a beta of -0.58. The company has a debt-to-equity ratio of 154.78, a current ratio of 0.15 and a quick ratio of 0.30.

MAST Energy Developments Company Profile

MAST Energy Developments PLC engages in the development and production of power generation projects in the United Kingdom. It operates Pyebridge project, a 9 MW reserve power (RP) plant located in Derbyshir; Bordesley Project, a 5 MW gas powered RP site; Rochdale Project, a 4.4 MW capacity gas-powered RP site located in the West Midlands; the Hindlip project, a 7.5 MW capacity gas-powered standby generation facility located in Worcester; and the Stather, a 2.4 MW capacity gas-powered RP plant located in Scunthorpe, Lincolnshire.