Star Energy Group (LON:STAR) Stock Price Up 5.7% – Here’s What Happened

Star Energy Group Plc (LON:STAR)’s stock price traded up 5.7% on Friday . The stock traded as high as GBX 14 and last traded at GBX 14. 150,748 shares were traded during mid-day trading, a decline of 24% from the average session volume of 197,796 shares. The stock had previously closed at GBX 13.25.

Star Energy Group Stock Performance

The company has a 50 day simple moving average of GBX 10.40 and a 200 day simple moving average of GBX 8.68. 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 stock has a market cap of £18.35 million, a price-to-earnings ratio of -1.33 and a beta of -0.20.

Insider Buying and Selling

In other news, insider Ross Glover acquired 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were bought at an average price of GBX 8 per share, with a total value of £960. Also, insider Frances Ward acquired 12,000 shares of Star Energy Group 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. Company insiders own 47.72% 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.