Star Energy Group (LON:STAR) Sets New 12-Month High – Here’s What Happened

Star Energy Group Plc (LON:STAR) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 22 and last traded at GBX 20.92, with a volume of 330176 shares traded. The stock had previously closed at GBX 21.

Star Energy Group Price Performance

The firm has a market capitalization of £40.30 million, a P/E ratio of -3.74 and a beta of -0.20. The business’s fifty day moving average is GBX 17.94 and its 200 day moving average 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.

Star Energy Group (LON:STAR) last issued its earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share for the quarter. The business 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%. As a group, analysts forecast that Star Energy Group Plc will post 4.9295775 EPS for the current year.

Insiders Place Their Bets

In other news, insider Frances Ward sold 60,475 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was 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 company’s 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. 32.78% of the stock is currently owned by corporate insiders.

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.