Star Energy Group (LON:STAR) Shares Down 12.6% – What’s Next?

Shares of Star Energy Group Plc (LON:STAR) fell 12.6% on Wednesday . The stock traded as low as GBX 14 and last traded at GBX 14.20. 1,186,356 shares traded hands 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 Stock Down 12.6%

The firm has a 50 day simple moving average of GBX 12.77 and a two-hundred day simple moving average of GBX 10.03. The company has a market capitalization of £18.62 million, a PE ratio of -1.35 and a beta of -0.20. The company has a current ratio of 1.14, a quick ratio of 0.38 and a debt-to-equity ratio of 35.13.

Insider Activity at Star Energy Group

In related news, insider Ross Glover bought 12,000 shares of the stock in a transaction on Tuesday, January 27th. The shares were bought at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Frances Ward bought 12,000 shares of the stock in a transaction on Tuesday, January 27th. The stock was bought at an average price of GBX 8 per share, for a total transaction 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.