Star Energy Group (LON:STAR) Shares Down 12.6% – Time to Sell?

Shares of Star Energy Group Plc (LON:STAR) traded down 12.6% during trading on Wednesday . The stock traded as low as GBX 14 and last traded at GBX 14.20. 1,186,356 shares were traded during mid-day trading, an increase of 336% from the average session volume of 272,400 shares. The stock had previously closed at GBX 16.25.

Star Energy Group Price Performance

The firm’s fifty day moving average price is GBX 12.98 and its 200 day moving average price is GBX 10.12. The company has a quick ratio of 0.38, a current ratio of 1.14 and a debt-to-equity ratio of 35.13. The stock has a market cap of £20.06 million, a PE ratio of -1.45 and a beta of -0.20.

Insider Transactions at Star Energy Group

In other news, insider Frances Ward acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was purchased at an average price of GBX 8 per share, for a total transaction of £960. Also, insider Ross Glover acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were purchased at an average price of GBX 8 per share, with a total value of £960. Company insiders own 47.73% of the company’s stock.

Star Energy Group Company Profile

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.