Blue Star Capital (LON:BLU) Trading Up 10.5% – Here’s Why

Shares of Blue Star Capital plc (LON:BLUGet Free Report) were up 10.5% during trading on Friday . The company traded as high as GBX 9.50 and last traded at GBX 9.39. Approximately 384,583 shares were traded during mid-day trading, an increase of 73% from the average daily volume of 222,736 shares. The stock had previously closed at GBX 8.50.

Blue Star Capital Price Performance

The business has a 50 day moving average of GBX 10.71 and a 200 day moving average of GBX 10.35. The company has a market cap of £4.47 million, a PE ratio of -4.87 and a beta of 1.36.

Blue Star Capital (LON:BLUGet Free Report) last announced its quarterly earnings results on Friday, February 27th. The company reported GBX (1.93) EPS for the quarter.

About Blue Star Capital

(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. 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.

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