Star Energy Group (LON:STAR) Shares Cross Below 50 Day Moving Average – What’s Next?

Star Energy Group Plc (LON:STARGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 17.36 and traded as low as GBX 17. Star Energy Group shares last traded at GBX 17.78, with a volume of 244,783 shares traded.

Star Energy Group Stock Down 2.9%

The company has a debt-to-equity ratio of 51.35, a quick ratio of 0.38 and a current ratio of 1.23. The company’s 50-day moving average price is GBX 17.36 and its 200 day moving average price is GBX 13.91. The stock has a market capitalization of £32.75 million, a P/E ratio of -3.04 and a beta of -0.20.

Star Energy Group (LON:STARGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share for the quarter. Star Energy Group had a negative return on equity of 19.41% and a negative net margin of 21.04%.The firm had revenue of GBX 3,472 million during the quarter. As a group, equities analysts expect that Star Energy Group Plc will post 4.9295775 earnings per share for the current year.

Insider Activity at Star Energy Group

In related news, insider Ross Glover sold 289,541 shares of the firm’s stock in a transaction on 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 business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £9,676. Company insiders own 32.78% of the company’s stock.

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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