Will Active Energy Group PLC Short Squeeze Soon?

 Will Active Energy Group PLC Short Squeeze Soon?

The stock of Active Energy Group PLC (LON:AEG) hit a new 52-week low and has GBX 2.24 target or 14.00% below today’s GBX 2.60 share price. The 8 months bearish chart indicates high risk for the GBX 16.89 million company. The 1-year low was reported on Nov, 14 by Barchart.com. If the GBX 2.24 price target is reached, the company will be worth GBX 2.36 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 1.89% or GBX 0.05 on November 14, hitting GBX 2.6. About 555,370 shares traded hands. Active Energy Group PLC (LON:AEG) has declined 46.32% since April 15, 2016 and is downtrending. It has underperformed by 51.30% the S&P500.

Active Energy Group PLC (LON:AEG) Ratings Coverage

Out of 2 analysts covering Active Energy Group (LON:AEG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Active Energy Group has been the topic of 8 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Active Energy Group PLC (LON:AEG) has “Corporate” rating given on Wednesday, August 3 by Northland Capital. The company was maintained on Wednesday, July 20 by Northland Capital. The stock of Active Energy Group PLC (LON:AEG) earned “Corporate” rating by Northland Capital on Monday, September 26. The company was maintained on Friday, July 31 by WH Ireland. The firm earned “Corporate” rating on Wednesday, November 2 by Northland Capital. WH Ireland maintained the stock with “Buy” rating in Friday, September 18 report. On Tuesday, September 29 the stock rating was maintained by WH Ireland with “Buy”. Northland Capital maintained the stock with “Corporate” rating in Wednesday, June 29 report.

Another recent and important Active Energy Group PLC (LON:AEG) news was published by Uk.Finance.Yahoo.com which published an article titled: “Active Energy Group PLC (AEG.L)” on March 29, 2014.

Active Energy Group Plc is a supplier of industrial wood chip for Medium-Density Fiberboard manufacturing and Biomass for Energy (BFE) power generation, second-generation BFE fuel solutions and systems, and global forestry and natural resources development services. The company has a market cap of 16.89 million GBP. The Company’s divisions include MDF Wood Chip, which includes wood chip processing and supply business division; Forestry & Natural Resources, which includes the Company’s initiatives to secure ownership of the entire timber supply chain from forest to finished product, and BFE Fuel Solutions, which includes the Company’s renewable Biomass for Energy fuel division, which engages in development of second-generation BFE fuel solutions and systems. It currently has negative earnings. The Company’s divisions that operate as independent business units include AEG CoalSwitch, AEG WoodFibre and AEG TimberLands.

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