Star Energy Group (LON:STAR) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Star Energy Group Plc (LON:STAR) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 13.32 and traded as high as GBX 16. Star Energy Group shares last traded at GBX 15.58, with a volume of 510,780 shares traded.

Star Energy Group Stock Up 0.3%

The stock’s 50-day simple moving average is GBX 13.32 and its 200-day simple moving average is GBX 10.31. The firm has a market capitalization of £20.70 million, a P/E ratio of -1.50 and a beta of -0.20. The company has a current ratio of 1.14, a quick ratio of 0.38 and a debt-to-equity ratio of 35.13.

Insider Buying and Selling

In other Star Energy Group news, insider Ross Glover purchased 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were bought at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Frances Ward purchased 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The shares were acquired at an average price of GBX 8 per share, for a total transaction of £960. 47.73% of the stock is owned by corporate 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.