Star Energy Group (LON:STAR) Trading Up 5.7% – Here’s Why

Star Energy Group Plc (LON:STAR) shares were up 5.7% during mid-day trading on Friday . The stock traded as high as GBX 14 and last traded at GBX 14. Approximately 150,748 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 197,796 shares. The stock had previously closed at GBX 13.25.

Star Energy Group Trading Up 5.7%

The company has a debt-to-equity ratio of 35.13, a current ratio of 1.14 and a quick ratio of 0.38. The business has a 50 day simple moving average of GBX 10.49 and a 200 day simple moving average of GBX 8.75. The company has a market cap of £18.35 million, a price-to-earnings ratio of -1.33 and a beta of -0.20.

Insider Transactions at Star Energy Group

In other Star Energy Group news, insider Frances Ward bought 12,000 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was purchased at an average cost of GBX 8 per share, with a total value of £960. Also, insider Ross Glover purchased 12,000 shares of the stock in a transaction on Tuesday, January 27th. The stock was acquired at an average price of GBX 8 per share, with a total value of £960. 47.72% of the stock is currently owned by 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.