Star Energy Group (LON:STAR) Stock Price Down 9.5% – Here’s What Happened

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. Approximately 164,315 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 283,066 shares. The stock had previously closed at GBX 21.

Star Energy Group Price Performance

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 company’s fifty day moving average price is GBX 22.27 and its 200 day moving average price is GBX 18.59. The firm has a market capitalization of £36.70 million, a price-to-earnings ratio of -3.40 and a beta of -0.20.

Star Energy Group (LON:STAR) last released 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 net margin of 2.13% and a negative return on equity of 2.03%. Equities research analysts expect that Star Energy Group Plc will post 4.9295775 earnings per share for the current year.

Insider Activity at Star Energy Group

In other news, insider Ross Glover purchased 6,102 shares of Star Energy Group stock in a transaction dated Friday, July 24th. The stock was bought at an average price of GBX 15 per share, with a total value of £915.30. Also, insider Frances Ward purchased 6,102 shares of the stock in a transaction dated Friday, July 24th. The shares were purchased at an average price of GBX 15 per share, with a total value 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.