Star Energy Group (LON:STAR) Sets New 52-Week High – Still a Buy?

Star Energy Group Plc (LON:STAR) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 20 and last traded at GBX 17, with a volume of 358705 shares traded. The stock had previously closed at GBX 17.80.

Star Energy Group Stock Performance

The company’s 50-day moving average is GBX 16.93 and its two-hundred day moving average is GBX 13.20. The company has a market capitalization of £32.75 million, a P/E ratio of -3.04 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.

Star Energy Group (LON:STAR) last announced its earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) 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. Equities analysts anticipate that Star Energy Group Plc will post 4.9295775 earnings per share for the current fiscal year.

Insider Buying and Selling at Star Energy Group

In other news, insider Frances Ward sold 60,475 shares of Star Energy Group stock in a transaction 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 company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £46,326.56. Company 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.