Star Energy Group (LON:STAR) Sets New 52-Week High – Time to Buy?

Star Energy Group Plc (LON:STAR)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 18 and last traded at GBX 17.28, with a volume of 470581 shares traded. The stock had previously closed at GBX 17.

Star Energy Group Trading Up 5.9%

The firm has a market cap of £23.60 million, a PE ratio of -3.22 and a beta of -0.20. The company’s fifty day moving average price is GBX 15.63 and its two-hundred day moving average price is GBX 12.09. The company has a quick ratio of 0.38, a current ratio of 1.23 and a debt-to-equity ratio of 51.35.

Star Energy Group (LON:STAR) last issued its quarterly earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) for the quarter. The firm 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 forecast that Star Energy Group Plc will post 4.9295775 earnings per share for the current fiscal year.

Insider Activity at Star Energy Group

In other news, insider Frances Ward sold 60,475 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £9,676. Also, insider Ross Glover sold 289,541 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total value of £46,326.56. Insiders own 47.73% 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.