Star Energy Group (LON:STAR) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of Star Energy Group Plc (LON:STARGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.35 ($0.10) and traded as low as GBX 7.20 ($0.09). Star Energy Group shares last traded at GBX 7.20 ($0.09), with a volume of 84,980 shares trading hands.

Star Energy Group Price Performance

The company has a debt-to-equity ratio of 26.39, a current ratio of 0.66 and a quick ratio of 0.38. The company has a fifty day moving average price of GBX 7.39 and a 200 day moving average price of GBX 8.34. The company has a market capitalization of £9.07 million, a P/E ratio of -140.00 and a beta of -0.20.

About Star Energy Group

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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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