Blue Star Capital (LON:BLU) Stock Price Up 17.4% – Still a Buy?

Blue Star Capital plc (LON:BLUGet Free Report) shares shot up 17.4% on Thursday . The stock traded as high as GBX 5 and last traded at GBX 4.99. 746,076 shares changed hands during mid-day trading, an increase of 304% from the average daily volume of 184,446 shares. The stock had previously closed at GBX 4.25.

Blue Star Capital Price Performance

The firm has a fifty day simple moving average of GBX 5.09 and a 200 day simple moving average of GBX 8.28. The company has a market cap of £3.07 million, a price-to-earnings ratio of -2.17 and a beta of 1.36.

Blue Star Capital (LON:BLUGet Free Report) last released its quarterly earnings results on Tuesday, June 30th. The company reported GBX (1.21) EPS for the quarter.

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. 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.

Further Reading

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