Star Energy Group (LON:STAR) Sets New 12-Month High – Still a Buy?

Star Energy Group Plc (LON:STAR)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 20 and last traded at GBX 19.10, with a volume of 165202 shares changing hands. The stock had previously closed at GBX 19.40.

Star Energy Group Price Performance

The firm has a market cap of £24.91 million, a price-to-earnings ratio of -3.40 and a beta of -0.20. 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 stock has a 50-day moving average of GBX 16.12 and a 200-day moving average of GBX 12.49.

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

Insiders Place Their Bets

In other Star Energy Group news, insider Ross Glover sold 289,541 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 £46,326.56. Also, 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 value of £9,676. Insiders own 47.73% 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.