Star Energy Group (LON:STAR) Reaches New 12-Month High – Should You Buy?

Shares of Star Energy Group Plc (LON:STAR) reached a new 52-week high on Thursday . The company traded as high as GBX 18 and last traded at GBX 17.28, with a volume of 470581 shares trading hands. The stock had previously closed at GBX 17.

Star Energy Group Stock Performance

The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35. The stock has a 50 day simple moving average of GBX 15.52 and a two-hundred day simple moving average of GBX 11.98. The stock has a market capitalization of £22.65 million, a P/E ratio of -3.09 and a beta of -0.20.

Star Energy Group (LON:STAR) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share for the quarter. The company had revenue of GBX 3,472 million during the quarter. Star Energy Group had a negative net margin of 21.04% and a negative return on equity of 19.41%. On average, equities analysts forecast that Star Energy Group Plc will post 4.9295775 EPS for the current fiscal year.

Insider Buying and Selling

In other Star Energy Group news, insider Ross Glover sold 289,541 shares of the firm’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 value of £46,326.56. Also, insider Frances Ward sold 60,475 shares of the firm’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. 47.73% of the stock is owned by company insiders.

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.