Shore Capital Reiterates Buy Rating for Star Phoenix Group (LON:STA)

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Star Phoenix Group (LON:STA)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a research note issued to investors on Monday, Digital Look reports.

STA stock opened at GBX 1.58 ($0.02) on Monday. The stock has a market capitalization of £2.38 million and a price-to-earnings ratio of 0.05. The firm’s 50-day moving average price is GBX 1.69 and its two-hundred day moving average price is GBX 1.73. Star Phoenix Group has a 12-month low of GBX 1.20 ($0.02) and a 12-month high of GBX 4.10 ($0.05).

About Star Phoenix Group

Star Phoenix Group Ltd. explores for, develops, and produces oil and gas in Trinidad and Indonesia. The company holds 23% interest in the Perlak project located in Northern Sumatra. It also provides oilfield services. The company was formerly known as Range Resources Limited and changed its name to Star Phoenix Group March 1984.

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