Star Energy Group (LON:STAR) Sets New 1-Year High – What’s Next?

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

Star Energy Group Trading Down 1.5%

The business has a 50-day moving average price of GBX 15.92 and a two-hundred day moving average price of GBX 12.37. The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35. The company has a market cap of £25.04 million, a P/E ratio of -3.42 and a beta of -0.20.

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

Insider Activity

In other news, insider Ross Glover sold 289,541 shares of the company’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 Star Energy Group 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. Company insiders own 47.73% 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.