Star Energy Group (LON:STAR) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Star Energy Group Plc (LON:STARGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 7.42 ($0.09) and traded as high as GBX 7.46 ($0.09). Star Energy Group shares last traded at GBX 7.32 ($0.09), with a volume of 243,548 shares trading hands.

Star Energy Group Price Performance

The firm has a 50-day moving average price of GBX 7.43 and a 200 day moving average price of GBX 8.30. The stock has a market capitalization of £9.49 million, a P/E ratio of -146.44 and a beta of -0.20. The company has a debt-to-equity ratio of 26.39, a quick ratio of 0.38 and a current ratio of 0.66.

Star Energy Group Company Profile

(Get Free Report)

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.

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