Star Energy Group (LON:STAR) Reaches New 52-Week High – What’s Next?

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

Star Energy Group Stock Performance

The company has a market capitalization of £36.60 million, a P/E ratio of -3.40 and a beta of -0.20. The business has a 50-day moving average of GBX 16.77 and a 200-day moving average of GBX 13.02. 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 issued its quarterly earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) for the quarter. The company had revenue of GBX 3,472 million during the quarter. Star Energy Group had a negative return on equity of 19.41% and a negative net margin of 21.04%. On average, sell-side analysts anticipate 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 stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total value of £9,676. Also, insider Ross Glover sold 289,541 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total value of £46,326.56. Company 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.