Star Energy Group (LON:STAR) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Star Energy Group Plc (LON:STARGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Star Energy Group Stock Performance

The company has a market cap of £9.49 million, a PE ratio of -146.44 and a beta of -0.20. The stock’s 50 day simple moving average is GBX 7.43 and its two-hundred day simple moving average is GBX 8.30. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 26.39.

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.

Further Reading

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