Star Energy Group (LON:STAR) Shares Down 8.7% – Time to Sell?

Star Energy Group Plc (LON:STAR)’s stock price dropped 8.7% during trading on Monday . The company traded as low as GBX 21 and last traded at GBX 21. Approximately 227,163 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 290,618 shares. The stock had previously closed at GBX 23.

Star Energy Group Price Performance

The firm has a market cap of £40.46 million, a PE ratio of -3.76 and a beta of -0.20. The firm has a fifty day simple moving average of GBX 19.83 and a two-hundred day simple moving average of GBX 16.40. The company has a debt-to-equity ratio of 51.35, a quick ratio of 0.38 and a current ratio of 1.23.

Insider Activity at Star Energy Group

In other Star Energy Group news, insider Ross Glover bought 6,102 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average cost of GBX 15 per share, with a total value of £915.30. Also, insider Frances Ward purchased 6,102 shares of Star Energy Group stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average price of GBX 15 per share, for a total transaction of £915.30. 32.79% of the stock is owned by corporate insiders.

About Star Energy Group

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.