Star Energy Group (LON:STAR) Shares Down 9.5%

Star Energy Group Plc (LON:STAR)’s share price traded down 9.5% during mid-day trading on Tuesday . The stock traded as low as GBX 6.50 ($0.09) and last traded at GBX 6.65 ($0.09). 725,040 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 443,421 shares. The stock had previously closed at GBX 7.35 ($0.10).

Star Energy Group Stock Down 9.5 %

The firm’s fifty day moving average price is GBX 7.68 and its 200-day moving average price is GBX 8.65. The company has a debt-to-equity ratio of 24.06, a current ratio of 0.63 and a quick ratio of 0.38. The firm has a market capitalization of £8.61 million, a P/E ratio of -133.50 and a beta of -0.20.

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.