Star Energy Group (LON:STAR) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Star Energy Group (LON:STAR) in a research note published on Tuesday morning, MarketBeat reports. The firm currently has a GBX 55 ($0.70) price objective on the stock.

Star Energy Group Price Performance

Shares of Star Energy Group stock opened at GBX 10.54 ($0.13) on Tuesday. The company has a debt-to-equity ratio of 21.72, a quick ratio of 0.38 and a current ratio of 0.67. Star Energy Group has a one year low of GBX 7.12 ($0.09) and a one year high of GBX 14.98 ($0.19). The stock has a market cap of £13.56 million, a price-to-earnings ratio of -43.92 and a beta of -0.13. The stock has a 50 day moving average price of GBX 8.45 and a 200-day moving average price of GBX 9.85.

About Star Energy Group

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.