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

Star Energy Group Plc (LON:STAR) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 20 and last traded at GBX 19, with a volume of 323474 shares trading hands. The stock had previously closed at GBX 19.

Star Energy Group Price Performance

The business has a 50 day moving average of GBX 16.84 and a 200 day moving average of GBX 13.08. The company has a market cap of £33.71 million, a PE ratio of -3.13 and a beta of -0.20. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38.

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

Insider Transactions at Star Energy Group

In other news, insider Frances Ward sold 60,475 shares of Star Energy Group stock in a transaction dated 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 business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total transaction of £46,326.56. Insiders own 32.78% of the company’s stock.

About Star Energy Group

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.