Star Energy Group (LON:STAR) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Star Energy Group Plc (LON:STARGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 8.29 ($0.11) and traded as low as GBX 6.94 ($0.09). Star Energy Group shares last traded at GBX 9.50 ($0.12), with a volume of 9,237,728 shares traded.

Star Energy Group Trading Down 3.3 %

The firm has a market cap of £11.29 million, a price-to-earnings ratio of -190.00 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 has a 50-day moving average price of GBX 7.12 and a 200 day moving average price of GBX 8.29.

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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