Star Energy Group (LON:STAR) Hits New 12-Month High – Should You Buy?

Shares of Star Energy Group Plc (LON:STAR) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 25 and last traded at GBX 24, with a volume of 259636 shares trading hands. The stock had previously closed at GBX 23.

Star Energy Group Trading Up 4.3%

The firm has a fifty day moving average of GBX 18.52 and a 200 day moving average of GBX 15.13. The firm has a market capitalization of £46.23 million, a PE ratio of -4.29 and a beta of -0.20. The company has a debt-to-equity ratio of 51.35, a quick ratio of 0.38 and a current ratio of 1.23.

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

Insiders Place Their Bets

In related news, insider Frances Ward sold 60,475 shares of the firm’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 stock was sold at an average price of GBX 16, for a total transaction 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.