Star Energy Group (LON:STAR) Stock Price Passes Below 200 Day Moving Average of $9.54

Star Energy Group Plc (LON:STAR)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9.54 ($0.12) and traded as low as GBX 7.53 ($0.10). Star Energy Group shares last traded at GBX 7.80 ($0.10), with a volume of 146,721 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their target price on shares of Star Energy Group from GBX 55 ($0.70) to GBX 66 ($0.84) and gave the company a “buy” rating in a research report on Wednesday, April 24th.

Star Energy Group Stock Performance

The company has a debt-to-equity ratio of 24.06, a quick ratio of 0.38 and a current ratio of 0.63. The stock’s 50-day moving average is GBX 10.10 and its 200 day moving average is GBX 9.54. The firm has a market cap of £10.06 million, a P/E ratio of -195.00 and a beta of -0.13.

About Star Energy Group

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.