Star Energy Group (LON:STAR) Trading 7.7% Higher – Time to Buy?

Star Energy Group Plc (LON:STAR)’s stock price rose 7.7% during trading on Thursday . The stock traded as high as GBX 22 and last traded at GBX 21. 155,729 shares traded hands during trading, a decline of 45% from the average daily volume of 283,875 shares. The stock had previously closed at GBX 19.50.

Star Energy Group Stock Performance

The stock’s 50 day moving average price is GBX 17.94 and its 200 day moving average price is GBX 14.70. The company has a current ratio of 1.23, a quick ratio of 0.38 and a debt-to-equity ratio of 51.35. The company has a market capitalization of £40.30 million, a price-to-earnings ratio of -3.74 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) 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%. Analysts expect that Star Energy Group Plc will post 4.9295775 earnings per share for the current year.

Insider Activity at Star Energy Group

In related news, insider Ross Glover sold 289,541 shares of the stock in a transaction that occurred on 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 the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total value of £9,676. Corporate 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.