Star Energy Group (LON:STAR) Announces Quarterly Earnings Results

Star Energy Group (LON:STAR) announced its earnings results on Wednesday. The company reported GBX 1.86 EPS for the quarter, Digital Look Earnings reports. Star Energy Group had a negative return on equity of 2.03% and a negative net margin of 2.13%.

Star Energy Group Stock Down 3.4%

Shares of STAR traded down GBX 0.80 during mid-day trading on Friday, hitting GBX 22.40. 1,096,836 shares of the company’s stock were exchanged, compared to its average volume of 287,099. The company has a market cap of £43.26 million, a price-to-earnings ratio of -4.01 and a beta of -0.20. Star Energy Group has a fifty-two week low of GBX 5.51 and a fifty-two week high of GBX 27. The company has a debt-to-equity ratio of 36.73, a quick ratio of 0.38 and a current ratio of 2.56. The stock’s 50-day moving average is GBX 21.65 and its 200-day moving average is GBX 18.06.

Insider Buying and Selling

In other Star Energy Group news, insider Ross Glover acquired 6,102 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average price of GBX 15 per share, for a total transaction of £915.30. Also, insider Frances Ward bought 6,102 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were acquired at an average cost of GBX 15 per share, for a total transaction of £915.30. Insiders own 32.70% 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.