Star Energy Group (LON:STAR) Shares Down 3.5% – Here’s Why

Star Energy Group Plc (LON:STARGet Free Report)’s stock price dropped 3.5% during trading on Thursday . The stock traded as low as GBX 7 ($0.09) and last traded at GBX 7.57 ($0.10). Approximately 81,215 shares changed hands during trading, a decline of 80% from the average daily volume of 415,180 shares. The stock had previously closed at GBX 7.85 ($0.10).

Star Energy Group Trading Down 3.5 %

The business has a fifty day moving average price of GBX 7.36 and a 200 day moving average price of GBX 8.36. The company has a debt-to-equity ratio of 26.39, a quick ratio of 0.38 and a current ratio of 0.66. The company has a market capitalization of £9.81 million, a PE ratio of -151.44 and a beta of -0.20.

Star Energy Group Company Profile

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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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