Star Energy Group (LON:STAR) Shares Cross Above 200-Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STAR)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 15.74 and traded as high as GBX 25. Star Energy Group shares last traded at GBX 23.55, with a volume of 185,059 shares trading hands.

Star Energy Group Price Performance

The stock has a market cap of £45.37 million, a P/E ratio of -4.21 and a beta of -0.20. The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35. The firm’s fifty day moving average price is GBX 19.43 and its 200-day moving average price is GBX 15.74.

Insider Transactions at Star Energy Group

In other Star Energy Group news, insider Ross Glover bought 6,102 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were bought at an average cost of GBX 15 per share, with a total value of £915.30. Also, insider Frances Ward purchased 6,102 shares of Star Energy Group stock in a transaction that occurred on Friday, July 24th. The shares were acquired at an average price of GBX 15 per share, for a total transaction of £915.30. Corporate insiders own 32.79% 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.