Augean (LON:AUG) Trading 9,900% Higher – Here’s Why

Augean plc (LON:AUG)’s stock price rose 9,900% during trading on Wednesday . The stock traded as high as GBX 371 ($4.68) and last traded at GBX 371 ($4.68). Approximately 20,871 shares changed hands during trading, a decline of 94% from the average daily volume of 357,762 shares. The stock had previously closed at GBX 3.71 ($0.05).

Augean Price Performance

The firm has a market capitalization of £389.45 million and a price-to-earnings ratio of 26.50. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 11.11. The business has a 50-day moving average price of GBX 371 and a two-hundred day moving average price of GBX 371.

Augean Company Profile

Augean plc engages in the waste management business in the United Kingdom. It operates in two segments, Treatment & Disposal and Augean North Sea Services. The Treatment & Disposal segment provides waste remediation, management, treatment, and disposal services. The Augean North Sea Services segment offers waste management and processing services to the oil and gas operators.