Star Energy Group (LON:STAR) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STAR – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 17.57 and traded as low as GBX 16.50. Star Energy Group shares last traded at GBX 16.50, with a volume of 524,198 shares traded.

Star Energy Group Stock Down 4.1%

The company has a debt-to-equity ratio of 36.73, a quick ratio of 0.38 and a current ratio of 2.56. The company’s 50-day moving average price is GBX 20.49 and its 200 day moving average price is GBX 17.65. The stock has a market capitalization of £31.87 million, a P/E ratio of -17.93 and a beta of -0.20.

Star Energy Group (LON:STAR – Get Free Report) last posted its earnings results on Wednesday, September 16th. The company reported GBX 1.86 earnings per share for the quarter. Star Energy Group had a negative net margin of 2.13% and a negative return on equity of 2.03%. As a group, equities analysts expect that Star Energy Group Plc will post 4.93 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Frances Ward purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, October 27th. The stock was acquired at an average cost of GBX 18 per share, for a total transaction of £900. Also, insider Ross Glover purchased 5,000 shares of the company’s stock in a transaction on Tuesday, October 27th. The stock was acquired at an average price of GBX 18 per share, with a total value of £900. Company insiders own 32.70% of the company’s stock.

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.

Further Reading

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