Star Energy Group (LON:STAR) Reaches New 1-Year High – Here’s What Happened

Star Energy Group Plc (LON:STAR)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 17 and last traded at GBX 15, with a volume of 2031693 shares traded. The stock had previously closed at GBX 15.

Star Energy Group Price Performance

The company has a debt-to-equity ratio of 35.13, a current ratio of 1.14 and a quick ratio of 0.38. The stock has a market capitalization of £20.19 million, a price-to-earnings ratio of -1.46 and a beta of -0.20. The stock’s 50 day simple moving average is GBX 13.70 and its 200-day simple moving average is GBX 10.55.

Insiders Place Their Bets

In other Star Energy Group news, insider Frances Ward acquired 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Ross Glover bought 12,000 shares of the stock in a transaction on Tuesday, January 27th. The shares were acquired at an average cost of GBX 8 per share, for a total transaction of £960. 47.73% of the stock is currently owned by company 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.