Star Energy Group (LON:STAR) Reaches New 1-Year High – Still a Buy?

Star Energy Group Plc (LON:STAR)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 20 and last traded at GBX 19.10, with a volume of 165202 shares trading hands. The stock had previously closed at GBX 19.40.

Star Energy Group Price Performance

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 stock has a market capitalization of £25.04 million, a price-to-earnings ratio of -3.42 and a beta of -0.20. The company has a 50-day simple moving average of GBX 15.92 and a two-hundred day simple moving average of GBX 12.37.

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

Insider Buying and Selling

In other 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 that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £9,676. 47.73% of the stock is owned by corporate 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.