Star Energy Group (LON:STAR) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Star Energy Group Plc (LON:STARGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 17.45 and traded as high as GBX 18. Star Energy Group shares last traded at GBX 17, with a volume of 7,377 shares trading hands.

Star Energy Group Stock Up 2.8%

The stock has a 50-day moving average of GBX 17.48 and a 200-day moving average of GBX 14.30. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38. The firm has a market cap of £35.64 million, a price-to-earnings ratio of -3.31 and a beta of -0.20.

Star Energy Group (LON:STARGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported GBX (5.59) earnings per share for the quarter. The company had revenue of GBX 3,472 million during the quarter. Star Energy Group had a negative net margin of 21.04% and a negative return on equity of 19.41%. Sell-side analysts predict that Star Energy Group Plc will post 4.9295775 EPS for the current fiscal year.

Insider Activity

In other Star Energy Group news, insider Ross Glover sold 289,541 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £46,326.56. Also, insider Frances Ward sold 60,475 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £9,676. Corporate insiders own 32.78% 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.

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