MAST Energy Developments (LON:MAST) Shares Down 6.7% – Here’s Why

MAST Energy Developments PLC (LON:MAST)’s stock price fell 6.7% on Monday . The company traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00). 15,506 shares were traded during mid-day trading, a decline of 100% from the average session volume of 8,541,916 shares. The stock had previously closed at GBX 0.15 ($0.00).

MAST Energy Developments Stock Down 6.7 %

The company has a current ratio of 0.15, a quick ratio of 0.30 and a debt-to-equity ratio of 154.78. The business’s 50-day simple moving average is GBX 0.16 and its 200 day simple moving average is GBX 0.17. The firm has a market cap of £596,890.00, a PE ratio of -14.50 and a beta of -0.58.

About MAST Energy Developments

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.