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

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 Trading Down 1.5 %

The firm has a market cap of £10.04 million, a P/E ratio of -155.00 and a beta of -0.20. The stock has a 50 day simple moving average of GBX 7.39 and a 200-day simple moving average of GBX 8.35. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 26.39.

Star Energy Group Company Profile

(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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