Star Energy Group (LON:STAR) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Star Energy Group Plc (LON:STARGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 8.43 ($0.11) and traded as low as GBX 6.71 ($0.09). Star Energy Group shares last traded at GBX 6.71 ($0.09), with a volume of 12,000 shares traded.

Star Energy Group Stock Down 1.5 %

The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 26.39. The company has a market capitalization of £9.04 million, a PE ratio of -134.16 and a beta of -0.20. The company’s 50 day moving average is GBX 7.50 and its two-hundred day moving average is GBX 8.43.

About Star Energy Group

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Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.

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