Star Energy Group (LON:STAR) Shares Cross Below 200 Day Moving Average of $9.65

Star Energy Group Plc (LON:STARGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.65 ($0.12) and traded as low as GBX 9.31 ($0.12). Star Energy Group shares last traded at GBX 9.31 ($0.12), with a volume of 428,970 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price objective on Star Energy Group from GBX 55 ($0.70) to GBX 66 ($0.84) and gave the company a “buy” rating in a report on Wednesday, April 24th.

Check Out Our Latest Stock Report on STAR

Star Energy Group Price Performance

The company has a market capitalization of £12.87 million, a price-to-earnings ratio of -243.75 and a beta of -0.13. The company has a 50-day moving average price of GBX 9.89 and a 200-day moving average price of GBX 9.65. The company has a debt-to-equity ratio of 24.06, a quick ratio of 0.38 and a current ratio of 0.63.

About Star Energy Group

(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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