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

Star Energy Group Plc (LON:STAR) reached 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 changing hands. The stock had previously closed at GBX 17.80.

Star Energy Group Price Performance

The stock has a market cap 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. The business’s 50-day simple moving average is GBX 16.93 and its two-hundred day simple moving average is GBX 13.20.

Star Energy Group (LON:STAR) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) for the quarter. The business 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%. Sell-side analysts expect that Star Energy Group Plc will post 4.9295775 EPS for the current year.

Insiders Place Their Bets

In other Star Energy Group news, insider Frances Ward sold 60,475 shares of the business’s 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 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 value of £46,326.56. 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.