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

Star Energy Group Plc (LON:STAR – Get Free Report)’s share price crossed 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.

Star Energy Group Stock Performance

The company has a market capitalization of £32.06 million, a price-to-earnings ratio of -18.04 and a beta of -0.20. The stock has a fifty day moving average price of GBX 20.66 and a two-hundred day moving average price of GBX 17.57. The company has a quick ratio of 0.38, a current ratio of 2.56 and a debt-to-equity ratio of 36.73.

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

Insider Activity

In other news, insider Ross Glover purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, October 27th. The shares were bought at an average cost of GBX 18 per share, with a total value of £900. Also, insider Frances Ward purchased 5,000 shares of the stock in a transaction dated Tuesday, October 27th. The shares were purchased at an average price of GBX 18 per share, with a total value of £900. 32.70% of the stock is owned by company insiders.

Star Energy Group Company Profile

(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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