Star Energy Group (LON:STAR) Hits New 52-Week High – Should You Buy?

Star Energy Group Plc (LON:STAR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 16.50 and last traded at GBX 15.75, with a volume of 1277916 shares traded. The stock had previously closed at GBX 14.

Star Energy Group Stock Performance

The company has a current ratio of 1.14, a quick ratio of 0.38 and a debt-to-equity ratio of 35.13. The stock has a market cap of £17.70 million, a price-to-earnings ratio of -1.28 and a beta of -0.20. The stock’s 50-day simple moving average is GBX 10.71 and its 200-day simple moving average is GBX 8.89.

Insider Activity

In other news, insider Ross Glover bought 12,000 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was bought at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Frances Ward acquired 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average cost of GBX 8 per share, for a total transaction of £960. Corporate insiders own 47.73% of the company’s stock.

About Star Energy Group

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.