Star Energy Group (LON:STAR) Trading Down 8.7% – Here’s What Happened

Shares of Star Energy Group Plc (LON:STAR) fell 8.7% during trading on Monday . The stock traded as low as GBX 21 and last traded at GBX 21. 227,163 shares traded hands during trading, a decline of 22% from the average session volume of 290,618 shares. The stock had previously closed at GBX 23.

Star Energy Group Stock Down 8.7%

The firm has a market capitalization of £40.46 million, a PE ratio of -3.76 and a beta of -0.20. The business’s 50 day simple moving average is GBX 19.75 and its 200 day simple moving average is GBX 16.24. The company has a current ratio of 1.23, a quick ratio of 0.38 and a debt-to-equity ratio of 51.35.

Insider Transactions at Star Energy Group

In other Star Energy Group news, insider Ross Glover sold 289,541 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £46,326.56. Also, insider Frances Ward sold 60,475 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total value of £9,676. 32.79% of the stock is currently owned by company 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.