Star Energy Group (LON:STAR) Reaches New 52-Week High – Still a Buy?

Star Energy Group Plc (LON:STAR)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 16.50 and last traded at GBX 15.75, with a volume of 1277916 shares. The stock had previously closed at GBX 14.

Star Energy Group Trading Up 12.5%

The firm has a market capitalization of £20.65 million, a PE ratio of -1.49 and a beta of -0.20. The company has a quick ratio of 0.38, a current ratio of 1.14 and a debt-to-equity ratio of 35.13. The business’s fifty day moving average price is GBX 10.49 and its 200 day moving average price is GBX 8.77.

Insider Activity

In other Star Energy Group news, insider Frances Ward purchased 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were purchased at an average price of GBX 8 per share, for a total transaction of £960. Also, insider Ross Glover acquired 12,000 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was bought at an average cost of GBX 8 per share, for a total transaction of £960. 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.