Canaccord Genuity Group Reiterates “Buy” Rating for Star Energy Group (LON:STAR)

Canaccord Genuity Group restated their buy rating on shares of Star Energy Group (LON:STAR) in a report issued on Tuesday, Marketbeat.com reports. The firm currently has a GBX 55 ($0.70) price target on the stock.

Star Energy Group Stock Performance

Shares of STAR opened at GBX 10.54 ($0.13) on Tuesday. Star Energy Group has a 1 year low of GBX 7.12 ($0.09) and a 1 year high of GBX 14.98 ($0.19). The stock has a market capitalization of £13.56 million, a PE ratio of -43.92 and a beta of -0.13. The company has a debt-to-equity ratio of 21.72, a quick ratio of 0.38 and a current ratio of 0.67. The stock has a 50-day simple moving average of GBX 8.45 and a 200-day simple moving average of GBX 9.85.

About Star Energy Group

Star Energy Group Plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.