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

Star Energy Group Plc (LON:STARGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.93 ($0.10) and traded as low as GBX 7.50 ($0.09). Star Energy Group shares last traded at GBX 7.50 ($0.09), with a volume of 5,450 shares traded.

Star Energy Group Stock Performance

The firm’s 50 day simple moving average is GBX 7.80 and its 200-day simple moving average is GBX 7.90. The company has a market cap of £9.97 million, a price-to-earnings ratio of -154.00 and a beta of -0.20. The company has a debt-to-equity ratio of 26.39, a quick ratio of 0.38 and a current ratio of 0.66.

About Star Energy Group

(Get Free Report)

Star Energy Group plc is a British energy company. Our purpose is to provide for today’s energy, whilst transitioning to low-carbon sources of energy for tomorrow. Our strategy is to create value for shareholders, employees and communities by being a leading operator of oil and gas assets, renowned for operational excellence and strong safety standards, whilst actively developing and building a geothermal business of scale, as we transition to a renewable future.

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