Star Energy Group (LON:STAR) Stock Falls 9.5% – What’s Next?

Star Energy Group Plc (LON:STAR) shares fell 9.5% on Thursday. The company traded as low as GBX 19 and last traded at GBX 19. 164,315 shares changed hands during trading, a decline of 42% from the average daily volume of 283,066 shares. The stock had previously closed at GBX 21.

Star Energy Group Stock Performance

The firm has a market capitalization of £36.70 million, a price-to-earnings ratio of -3.40 and a beta of -0.20. The company has a 50-day moving average price of GBX 22.27 and a 200-day moving average price of GBX 18.59. The company has a quick ratio of 0.38, a current ratio of 2.56 and a debt-to-equity ratio of 36.73.

Star Energy Group (LON:STAR) last posted its earnings results on Wednesday, September 16th. The company reported GBX 1.86 EPS for the quarter. Star Energy Group had a negative return on equity of 2.03% and a negative net margin of 2.13%. As a group, equities research analysts forecast that Star Energy Group Plc will post 4.9295775 earnings per share for the current year.

Insiders Place Their Bets

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