Star Entertainment Group (ASX:SGR) Shares Cross Below 200 Day Moving Average of $4.24

Star Entertainment Group Ltd (ASX:SGR)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.24 and traded as low as $4.34. Star Entertainment Group shares last traded at $4.41, with a volume of 3,916,770 shares changing hands.

The stock has a fifty day moving average of A$4.05 and a 200-day moving average of A$4.24. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 31.48. The firm has a market capitalization of $4.05 billion and a P/E ratio of 20.42.

In other news, insider Katie Lahey acquired 10,000 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was purchased at an average cost of A$3.80 ($2.69) per share, with a total value of A$37,950.00 ($26,914.89). Also, insider Zlatko Todorcevski acquired 30,000 shares of the company’s stock in a transaction on Monday, August 19th. The shares were purchased at an average cost of A$3.88 ($2.75) per share, with a total value of A$116,460.00 ($82,595.74).

About Star Entertainment Group (ASX:SGR)

The Star Entertainment Group Limited, an integrated resort company, provides gaming, entertainment, and hospitality services in Australia. The company operates through three segments: Sydney, Gold Coast, and Brisbane. It owns and operates The Star Sydney casino, which includes hotels, apartment complex, restaurants, and bars; The Star Gold Coast casino, which consists of hotel, theatre, restaurants, and bars; and Treasury casino in Brisbane that comprises hotel, restaurants, and bars.

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