Star Energy Group (LON:STAR) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STAR) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 7.42 ($0.09) and traded as high as GBX 7.46 ($0.09). Star Energy Group shares last traded at GBX 7.32 ($0.09), with a volume of 243,548 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 firm’s 50 day simple moving average is GBX 7.43 and its 200-day simple moving average is GBX 8.30. The company has a market cap of £9.49 million, a price-to-earnings ratio of -146.44 and a beta of -0.20.

Star Energy Group Company Profile

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.