Star Energy Group (LON:STAR) Sets New 12-Month High – Still a Buy?

Shares of Star Energy Group Plc (LON:STAR) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 11 and last traded at GBX 11, with a volume of 5793 shares trading hands. The stock had previously closed at GBX 10.

Star Energy Group Trading Up 10.0%

The stock has a market capitalization of £14.42 million, a price-to-earnings ratio of -1.04 and a beta of -0.20. The firm has a 50-day moving average of GBX 9.53 and a 200 day moving average of GBX 8.13. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 12.27.

Insiders Place Their Bets

In other news, insider Ross Glover purchased 12,000 shares of the stock in a transaction dated Tuesday, January 27th. The shares were bought at an average cost of GBX 8 per share, for a total transaction of £960. Also, insider Frances Ward acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was purchased at an average price of GBX 8 per share, with a total value of £960. Company insiders own 47.72% 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.