Star Energy Group (LON:STAR) Reaches New 52-Week High – What’s Next?

Star Energy Group Plc (LON:STAR)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 20 and last traded at GBX 19, with a volume of 323474 shares trading hands. The stock had previously closed at GBX 19.

Star Energy Group Stock Performance

The stock has a market cap of £36.60 million, a PE ratio of -3.40 and a beta of -0.20. The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35. The firm has a 50 day moving average price of GBX 16.77 and a 200 day moving average price of GBX 13.02.

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

Insider Transactions at Star Energy Group

In related news, insider Ross Glover sold 289,541 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £46,326.56. Also, insider Frances Ward sold 60,475 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total value of £9,676. 32.78% of the stock is owned by company insiders.

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.