Star Energy Group (LON:STAR) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Star Energy Group Plc (LON:STAR)’s stock 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 changing hands.

Star Energy Group Stock Performance

The firm has a market cap of £33.52 million, a P/E ratio of -3.11 and a beta of -0.20. 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 business’s fifty day simple moving average is GBX 17.39 and its 200-day simple moving average is GBX 14.03.

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

Insider Transactions at Star Energy Group

In other Star Energy Group news, insider Frances Ward sold 60,475 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total value of £9,676. Also, insider Ross Glover sold 289,541 shares of Star Energy Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total value of £46,326.56. 32.78% of the stock is owned by 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.