Star Energy Group (LON:STAR) Sets New 52-Week High – Here’s Why

Star Energy Group Plc (LON:STAR) hit a new 52-week high on Monday . The stock traded as high as GBX 11 and last traded at GBX 11, with a volume of 5793 shares traded. The stock had previously closed at GBX 10.

Star Energy Group Trading Up 2.2%

The company has a market cap of £15.08 million, a price-to-earnings ratio of -1.09 and a beta of -0.20. The company has a debt-to-equity ratio of 12.27, a current ratio of 0.66 and a quick ratio of 0.38. The firm’s fifty day moving average price is GBX 9.62 and its 200-day moving average price is GBX 8.20.

Insider Activity

In other news, insider Frances Ward bought 12,000 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was purchased at an average price of GBX 8 per share, for a total transaction of £960. Also, insider Ross Glover purchased 12,000 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was purchased at an average price of GBX 8 per share, for a total transaction of £960. Company insiders own 47.72% of the company’s stock.

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.