Star Energy Group (LON:STAR) Stock Passes Below 200-Day Moving Average – What’s Next?

Star Energy Group Plc (LON:STARGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.33 ($0.11) and traded as low as GBX 8.18 ($0.10). Star Energy Group shares last traded at GBX 8.90 ($0.11), with a volume of 79,208 shares traded.

Star Energy Group Price Performance

The firm has a market cap of £11.36 million, a price-to-earnings ratio of -178.00 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 company’s 50-day moving average price is GBX 7.24 and its 200-day moving average price is GBX 8.33.

Star Energy Group Company Profile

(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.

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