Star Energy Group (LON:STAR) Stock Falls 9.5% – Time to Sell?

Star Energy Group Plc (LON:STAR)’s share price traded down 9.5% during mid-day trading on Thursday. The company traded as low as GBX 19 and last traded at GBX 19. 164,315 shares were traded during trading, a decline of 42% from the average daily volume of 283,066 shares. The stock had previously closed at GBX 21.

Star Energy Group Price Performance

The company’s 50-day simple moving average is GBX 22.19 and its 200 day simple moving average is GBX 18.64. The company has a market cap of £36.70 million, a PE ratio of -3.40 and a beta of -0.20. The company has a debt-to-equity ratio of 36.73, a quick ratio of 0.38 and a current ratio of 2.56.

Star Energy Group (LON:STAR) last posted its quarterly earnings data on Wednesday, September 16th. The company reported GBX 1.86 earnings per share for the quarter. Star Energy Group had a negative return on equity of 2.03% and a negative net margin of 2.13%. On average, sell-side analysts predict that Star Energy Group Plc will post 4.9295775 earnings per share for the current fiscal year.

Insider Buying and Selling at Star Energy Group

In related news, insider Frances Ward purchased 6,102 shares of the business’s stock in a transaction on Friday, July 24th. The shares were bought 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 Star Energy Group stock in a transaction on Friday, July 24th. The stock was bought 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.

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.