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

Star Energy Group Plc (LON:STAR)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 trading hands.

Star Energy Group Trading Down 2.9%

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

Star Energy Group (LON:STAR) last issued its quarterly earnings data on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,472 million for the quarter. Star Energy Group had a negative return on equity of 19.41% and a negative net margin of 21.04%. On average, equities research analysts expect that Star Energy Group Plc will post 4.9295775 EPS for the current fiscal year.

Insider Buying and Selling at Star Energy Group

In other news, insider Frances Ward sold 60,475 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £9,676. Also, insider Ross Glover sold 289,541 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £46,326.56. 32.78% of the stock is owned by company insiders.

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.