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

Star Energy Group Plc (LON:STAR) hit a new 52-week high during trading on Monday . The company traded as high as GBX 20 and last traded at GBX 17, with a volume of 358705 shares changing hands. The stock had previously closed at GBX 17.80.

Star Energy Group Stock Down 4.4%

The company has a current ratio of 1.23, a quick ratio of 0.38 and a debt-to-equity ratio of 51.35. The stock has a market cap of £33.13 million, a P/E ratio of -3.08 and a beta of -0.20. The firm has a 50-day simple moving average of GBX 17 and a two-hundred day simple moving average of GBX 13.32.

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

Insider Buying and Selling

In related news, insider Frances Ward sold 60,475 shares of the business’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 £9,676. Also, insider Ross Glover sold 289,541 shares of the 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. 32.78% of the stock is currently owned by 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.