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

Star Energy Group Plc (LON:STARGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 7.59 ($0.10) and traded as low as GBX 6.82 ($0.09). Star Energy Group shares last traded at GBX 7 ($0.09), with a volume of 247,968 shares.

Star Energy Group Price Performance

The firm has a fifty day moving average price of GBX 7.71 and a two-hundred day moving average price of GBX 7.59. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 12.27. The stock has a market capitalization of £9.13 million, a P/E ratio of 0.10 and a beta of -0.20.

About Star Energy Group

(Get Free Report)

Star Energy Group plc is a British energy company. Our purpose is to provide for today’s energy, whilst transitioning to low-carbon sources of energy for tomorrow. Our strategy is to create value for shareholders, employees and communities by being a leading operator of oil and gas assets, renowned for operational excellence and strong safety standards, whilst actively developing and building a geothermal business of scale, as we transition to a renewable future.

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