Leaf Clean Energy (LON:LEAF) Shares Pass Below 50 Day Moving Average – Here’s Why

Leaf Clean Energy (LON:LEAF) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 400 ($5.19) and traded as low as GBX 400 ($5.19). Leaf Clean Energy shares last traded at GBX 400 ($5.19), with a volume of 109,901 shares.

Leaf Clean Energy Price Performance

The firm has a market capitalization of £458,000.00 and a P/E ratio of 2.80. The stock’s 50 day moving average is GBX 400 and its two-hundred day moving average is GBX 400.

About Leaf Clean Energy

Leaf Clean Energy Company is a private equity and venture capital firm specializing in investments in subordinated or mezzanine debt securities, growth capital, and in Series B through pre-IPO rounds. The firm does not participate in auction-base transactions. It seeks to invest in renewable energy projects and companies and in sustainable technology including clean energy companies and projects including activities such as the production of alternative fuels, renewable power generation, waste-to-energy, water, and the use of technologies to reduce the environmental impact of traditional energy The firm seeks to invest in clean energy projects that create environmental benefits through greenhouse gas emission reductions and generation and commercialization of carbon credits.