BluGlass Limited (ASX:BLG) shares fell 6.5% during mid-day trading on Monday . The company traded as low as A$0.15 ($0.10) and last traded at A$0.15 ($0.10), 297,538 shares traded hands during trading. The stock had previously closed at A$0.16 ($0.11).

The stock has a market cap of $60.67 million and a price-to-earnings ratio of -4.14. The business has a 50-day moving average of A$0.14 and a 200-day moving average of A$0.17.

BluGlass Company Profile (ASX:BLG)

BluGlass Limited, together with its subsidiaries, engages in the research and development of group III nitrides used in the development of new processes and equipment for the manufacture of light emitting diodes (LED) and solar cells in Australia. The company develops and commercializes Remote Plasma Chemical Vapour Deposition, a patented low temperature technology for manufacturing semiconductor materials and power electronics.

Read More: Earnings Per Share (EPS) Explained

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