Star Energy Group (LON:STAR) Hits New 12-Month High – Should You Buy?

Star Energy Group Plc (LON:STAR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 11 and last traded at GBX 11, with a volume of 151995 shares changing hands. The stock had previously closed at GBX 10.25.

Star Energy Group Stock Performance

The company has a market cap of £14.42 million, a price-to-earnings ratio of -1.04 and a beta of -0.20. The firm has a 50-day simple moving average of GBX 9.42 and a 200 day simple moving average of GBX 8.03. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 12.27.

Insiders Place Their Bets

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