Star Entertainment Group Ltd (ASX:SGR) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.27 and traded as low as $4.28. Star Entertainment Group shares last traded at $4.30, with a volume of 3,021,016 shares traded.
The company has a market cap of $3.94 billion and a price-to-earnings ratio of 19.91. The firm has a 50-day simple moving average of A$3.98 and a 200 day simple moving average of A$4.27. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 31.48.
In related news, insider Katie Lahey bought 10,000 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were acquired at an average price of A$3.80 ($2.69) per share, with a total value of A$37,950.00 ($26,914.89). Also, insider Zlatko Todorcevski bought 30,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was bought at an average cost of A$3.88 ($2.75) per share, for a total transaction of A$116,460.00 ($82,595.74).
About Star Entertainment Group (ASX:SGR)
The Star Entertainment Group Limited, an integrated resort company, provides gaming, entertainment, and hospitality services in Australia. The company operates through three segments: Sydney, Gold Coast, and Brisbane. It owns and operates The Star Sydney casino, which includes hotels, apartment complex, restaurants, and bars; The Star Gold Coast casino, which consists of hotel, theatre, restaurants, and bars; and Treasury casino in Brisbane that comprises hotel, restaurants, and bars.
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