Star Energy Group (LON:STAR) Shares Pass Below 200-Day Moving Average – Here’s Why

Star Energy Group Plc (LON:STARGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.43 ($0.11) and traded as low as GBX 6.71 ($0.09). Star Energy Group shares last traded at GBX 6.71 ($0.09), with a volume of 12,000 shares trading hands.

Star Energy Group Price Performance

The firm has a market capitalization of £8.45 million, a P/E ratio of -130.40 and a beta of -0.20. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 26.39. The business’s 50-day simple moving average is GBX 7.47 and its 200 day simple moving average is GBX 8.41.

About Star Energy Group

(Get Free Report)

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.

Further Reading

Receive News & Ratings for Star Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.