Star Energy Group (LON:STAR) Stock Price Up 7.7% – Here’s What Happened

Shares of Star Energy Group Plc (LON:STAR) traded up 7.7% on Thursday . The stock traded as high as GBX 22 and last traded at GBX 21. Approximately 155,729 shares were traded during trading, a decline of 45% from the average session volume of 283,875 shares. The stock had previously closed at GBX 19.50.

Star Energy Group Stock Up 7.7%

The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35. The firm has a 50 day moving average of GBX 17.72 and a two-hundred day moving average of GBX 14.57. The firm has a market capitalization of £40.46 million, a price-to-earnings ratio of -3.76 and a beta of -0.20.

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

Insider Activity at Star Energy Group

In related news, insider Frances Ward sold 60,475 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total value of £9,676. Also, 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. 32.78% of the stock is owned by corporate insiders.

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.