Star Energy Group (LON:STAR) Stock Crosses Below Two Hundred Day Moving Average of $12.71

Star Energy Group Plc (LON:STAR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 12.71 ($0.16) and traded as low as GBX 9.50 ($0.12). Star Energy Group shares last traded at GBX 10.15 ($0.13), with a volume of 1,257,287 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 66 ($0.83) price target on shares of Star Energy Group in a report on Tuesday, August 29th.

Star Energy Group Price Performance

The company has a debt-to-equity ratio of 28.35, a quick ratio of 0.38 and a current ratio of 0.65. The company has a market cap of £13.45 million, a price-to-earnings ratio of -101.50 and a beta of -0.05. The business has a fifty day moving average price of GBX 12 and a 200 day moving average price of GBX 12.71.

About Star Energy Group

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.