Blue Star Capital (LON:BLU) Trading 18.9% Higher – Still a Buy?

Blue Star Capital plc (LON:BLU) rose 18.9% on Wednesday . The stock traded as high as GBX 11 and last traded at GBX 11. Approximately 582,136 shares traded hands during trading, an increase of 178% from the average daily volume of 209,232 shares. The stock had previously closed at GBX 9.25.

Blue Star Capital Price Performance

The company has a 50 day simple moving average of GBX 9.26 and a 200-day simple moving average of GBX 10.84. The stock has a market capitalization of £5.59 million, a P/E ratio of -0.71 and a beta of 1.36.

Blue Star Capital (LON:BLU) last released its quarterly earnings data on Friday, February 27th. The company reported GBX (1.93) EPS for the quarter.

Blue Star Capital Company Profile

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. The firm invests globally. The firm typically invests between £250,000 ($387,850) and £2 million ($3.1 million) over the lifetime of an investment.