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

Star Energy Group Plc (LON:STARGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.

Star Energy Group Trading Down 1.9 %

The business’s 50-day moving average is GBX 7.24 and its two-hundred day moving average is GBX 8.33. The company has a debt-to-equity ratio of 26.39, a quick ratio of 0.38 and a current ratio of 0.66. The stock has a market capitalization of £11.36 million, a PE ratio of -178.00 and a beta of -0.20.

About Star Energy Group

(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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