Star Energy Group (LON:STAR) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Star Energy Group Plc (LON:STARGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 8.54 ($0.11) and traded as low as GBX 6.72 ($0.09). Star Energy Group shares last traded at GBX 6.72 ($0.09), with a volume of 490,430 shares trading hands.

Star Energy Group Stock Performance

The company has a market cap of £9.13 million, a PE ratio of -134.40 and a beta of -0.20. The company has a debt-to-equity ratio of 26.39, a quick ratio of 0.38 and a current ratio of 0.66. The firm’s 50 day moving average is GBX 7.61 and its 200-day moving average is GBX 8.54.

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

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