Blue Star Capital (LON:BLU) Shares Down 15% – Here’s Why

Shares of Blue Star Capital plc (LON:BLU – Get Free Report) dropped 15% during mid-day trading on Thursday. The stock traded as low as GBX 3.50 and last traded at GBX 3.61. 26,911 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 165,580 shares. The stock had previously closed at GBX 4.25.

Blue Star Capital Price Performance

The stock has a market capitalization of £1.85 million, a P/E ratio of -1.30 and a beta of 1.36. The stock’s fifty day moving average is GBX 4.25 and its 200-day moving average is GBX 7.29.

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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