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

Star Energy Group (LON:STAR) announced its quarterly 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 19.41% and a negative net margin of 21.04%.

Star Energy Group Stock Performance

Shares of STAR traded up GBX 0.58 during midday trading on Wednesday, reaching GBX 23.58. The stock had a trading volume of 395,819 shares, compared to its average volume of 281,925. The firm has a 50 day simple moving average of GBX 21.31 and a 200-day simple moving average of GBX 17.85. The firm has a market cap of £45.55 million, a PE ratio of -4.22 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. Star Energy Group has a one year low of GBX 5.50 and a one year high of GBX 27.

Insider Buying and Selling

In other news, insider Frances Ward bought 6,102 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was bought at an average cost of GBX 15 per share, for a total transaction of £915.30. Also, insider Ross Glover acquired 6,102 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average cost of GBX 15 per share, for a total transaction of £915.30. 32.70% of the stock is currently owned by company insiders.

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.