Star Energy Group (LON:STAR) Posts Quarterly Earnings Results

Star Energy Group (LON:STAR) issued its quarterly earnings results on Wednesday. The company reported GBX 1.86 earnings per share for the quarter, Digital Look Earnings reports. Star Energy Group had a negative net margin of 21.04% and a negative return on equity of 19.41%.

Star Energy Group Stock Down 2.6%

LON:STAR traded down GBX 0.60 on Wednesday, hitting GBX 22.40. 373,231 shares of the company’s stock were exchanged, compared to its average volume of 281,798. The company has a market cap of £43.26 million, a P/E ratio of -4.01 and a beta of -0.20. Star Energy Group has a 52 week low of GBX 5.50 and a 52 week high of GBX 27. The firm has a 50-day moving average price of GBX 21.31 and a 200-day moving average price of GBX 17.85. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38.

Insiders Place Their Bets

In related news, insider Frances Ward purchased 6,102 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average cost of GBX 15 per share, for a total transaction of £915.30. Also, insider Ross Glover purchased 6,102 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was bought at an average price of GBX 15 per share, for a total transaction of £915.30. Company insiders own 32.70% 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.