Star Energy Group (LON:STAR) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STAR)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 8.65 and traded as high as GBX 9.73. Star Energy Group shares last traded at GBX 9.73, with a volume of 14,728 shares changing hands.

Star Energy Group Trading Down 0.7%

The stock has a market cap of £12.35 million, a P/E ratio of -0.89 and a beta of -0.20. The stock’s 50-day moving average is GBX 8.65 and its two-hundred day moving average is GBX 7.52. The company has a debt-to-equity ratio of 12.27, a current ratio of 0.66 and a quick ratio of 0.38.

Insider Activity at Star Energy Group

In other news, insider Frances Ward acquired 6,419 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was purchased at an average price of GBX 7 per share, for a total transaction of £449.33. 47.84% of the stock is owned by company insiders.

Star Energy Group Company Profile

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.