Blue Star Capital (LON:BLU) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Blue Star Capital plc (LON:BLUGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 8.70 ($0.11) and traded as low as GBX 7 ($0.09). Blue Star Capital shares last traded at GBX 7 ($0.09), with a volume of 529,691 shares trading hands.

Blue Star Capital Price Performance

The firm’s 50-day moving average is GBX 8.70 and its 200-day moving average is GBX 3.22. The company has a market capitalization of £356.30 million, a P/E ratio of 1.90 and a beta of 1.36.

Blue Star Capital Company Profile

(Get Free Report)

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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