Star Energy Group (LON:STAR) Stock Price Passes Above Two Hundred Day Moving Average of $9.81

Star Energy Group Plc (LON:STAR) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9.81 ($0.12) and traded as high as GBX 12.45 ($0.16). Star Energy Group shares last traded at GBX 11.70 ($0.15), with a volume of 521,001 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upped their target price on shares of Star Energy Group from GBX 55 ($0.69) to GBX 66 ($0.83) and gave the stock a “buy” rating in a research note on Wednesday, April 24th.

Star Energy Group Trading Down 6.0 %

The firm’s 50 day moving average price is GBX 9.19 and its 200-day moving average price is GBX 9.81. The stock has a market cap of £14.24 million, a P/E ratio of -48.75 and a beta of -0.13. The company has a debt-to-equity ratio of 21.72, a current ratio of 0.67 and a quick ratio of 0.38.

About Star Energy Group

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.