Star Energy Group (LON:STAR) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Star Energy Group Plc (LON:STARGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 8.65 and traded as high as GBX 9.73. Star Energy Group shares last traded at GBX 9.73, with a volume of 14,728 shares changing hands.

Star Energy Group Trading Down 0.7%

The stock has a market cap of £12.35 million, a P/E ratio of -0.89 and a beta of -0.20. The company has a debt-to-equity ratio of 12.27, a quick ratio of 0.38 and a current ratio of 0.66. The stock’s fifty day moving average is GBX 8.65 and its 200 day moving average is GBX 7.52.

Insider Activity

In related news, insider Frances Ward bought 6,419 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was purchased at an average price of GBX 7 per share, for a total transaction of £449.33. 47.84% of the stock is owned by insiders.

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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