Star Energy Group (LON:STAR) Hits New 52-Week High – Here’s What Happened

Star Energy Group Plc (LON:STAR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 25 and last traded at GBX 24, with a volume of 259636 shares traded. The stock had previously closed at GBX 23.

Star Energy Group Price Performance

The stock has a market cap of £46.23 million, a PE ratio of -4.29 and a beta of -0.20. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38. The business has a fifty day moving average of GBX 18.52 and a 200 day moving average of GBX 15.13.

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 return on equity of 19.41% and a negative net margin of 21.04%.The business had revenue of GBX 3,472 million for the quarter. Sell-side analysts anticipate that Star Energy Group Plc will post 4.9295775 earnings per share for the current year.

Insider Activity at Star Energy Group

In other news, insider Frances Ward sold 60,475 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £9,676. Also, insider Ross Glover sold 289,541 shares of the firm’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 transaction of £46,326.56. Corporate insiders own 32.78% 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.