MAST Energy Developments (LON:MAST) Trading 5.9% Higher – Here’s Why

MAST Energy Developments PLC (LON:MAST) traded up 5.9% during trading on Tuesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 36,106,188 shares were traded during trading, an increase of 319% from the average session volume of 8,623,545 shares. The stock had previously closed at GBX 0.17 ($0.00).

MAST Energy Developments Trading Up 17.6 %

The company has a 50 day moving average of GBX 0.15 and a 200 day moving average of GBX 0.16. The firm has a market cap of £852,700.00, a P/E ratio of -17.00 and a beta of -0.58. The company has a debt-to-equity ratio of 154.78, a quick ratio of 0.30 and a current ratio of 0.15.

MAST Energy Developments Company Profile

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.