Star Energy Group (LON:STAR) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STAR) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.34 ($0.10) and traded as low as GBX 6.02 ($0.08). Star Energy Group shares last traded at GBX 6.30 ($0.08), with a volume of 375,432 shares changing hands.

Star Energy Group Stock Up 5.9%

The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 12.27. The stock has a market capitalization of £8.99 million, a P/E ratio of 0.10 and a beta of -0.20. The business has a 50-day moving average price of GBX 6.74 and a 200 day moving average price of GBX 7.33.

Star Energy Group (LON:STAR) last issued its quarterly earnings results on Tuesday, April 29th. The company reported GBX (8.74) (($0.12)) earnings per share (EPS) for the quarter. Star Energy Group had a return on equity of 6.57% and a net margin of 9.45%. On average, equities analysts expect that Star Energy Group Plc will post 4.9295775 EPS for the current fiscal year.

About Star Energy Group

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.