Star Energy Group (LON:STAR) Trading Down 14.1% – Should You Sell?

Star Energy Group Plc (LON:STAR)’s stock price traded down 14.1% on Thursday . The stock traded as low as GBX 11.17 and last traded at GBX 11.17. 658,532 shares traded hands during trading, an increase of 283% from the average session volume of 172,001 shares. The stock had previously closed at GBX 13.

Star Energy Group Trading Down 14.1%

The company has a market capitalization of £14.64 million, a P/E ratio of -1.06 and a beta of -0.20. The company has a 50-day simple moving average of GBX 10.12 and a 200 day simple moving average of GBX 8.46. The company has a debt-to-equity ratio of 12.27, a quick ratio of 0.38 and a current ratio of 0.66.

Insiders Place Their Bets

In related news, insider Frances Ward bought 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Ross Glover purchased 12,000 shares of Star Energy Group stock in a transaction on Tuesday, January 27th. The stock was bought at an average cost of GBX 8 per share, with a total value of £960. Insiders own 47.72% of the company’s stock.

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.