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

Star Energy Group Plc (LON:STARGet Free Report) dropped 3.5% 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 were traded 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 Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 26.39. The firm has a market cap of £9.78 million, a P/E ratio of -151.06 and a beta of -0.20. The business has a 50-day moving average of GBX 7.36 and a two-hundred day moving average of GBX 8.36.

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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