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

Star Energy Group (LON:STAR) released its quarterly earnings results on Wednesday. The company reported GBX 1.86 earnings per share for the quarter, Digital Look Earnings reports. Star Energy Group had a negative return on equity of 19.41% and a negative net margin of 21.04%.

Star Energy Group Price Performance

STAR remained flat at GBX 23 during trading hours on Thursday. The company had a trading volume of 1,060,161 shares, compared to its average volume of 284,794. The firm has a market capitalization of £44.42 million, a price-to-earnings ratio of -4.11 and a beta of -0.20. Star Energy Group has a one year low of GBX 5.51 and a one year high of GBX 27. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38. The company’s 50-day moving average price is GBX 21.42 and its 200-day moving average price is GBX 17.94.

Insider Buying and Selling

In other news, insider Frances Ward purchased 6,102 shares of the 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 Ross Glover purchased 6,102 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were purchased at an average cost of GBX 15 per share, for a total transaction of £915.30. Company 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.