Star Entertainment Group (ASX:SGR) Hits New 12-Month High at $4.93

Star Entertainment Group Ltd (ASX:SGR) reached a new 52-week high during trading on Friday . The stock traded as high as A$4.93 ($3.50) and last traded at A$4.75 ($3.37), with a volume of 10190761 shares trading hands. The stock had previously closed at A$4.70 ($3.33).

The company has a 50 day moving average price of A$4.25 and a 200 day moving average price of A$4.24. The company has a market capitalization of $4.31 billion and a price-to-earnings ratio of 21.99. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 31.48.

In other news, insider Katie Lahey bought 10,000 shares of the stock in a transaction dated Thursday, August 22nd. The stock was bought at an average cost of A$3.80 ($2.69) per share, with a total value of A$37,950.00 ($26,914.89). Also, insider Zlatko Todorcevski bought 30,000 shares of the stock in a transaction dated Monday, August 19th. The stock was purchased at an average cost of A$3.88 ($2.75) per share, with a total value of A$116,460.00 ($82,595.74).

About Star Entertainment Group (ASX:SGR)

The Star Entertainment Group Limited, an integrated resort company, provides gaming, entertainment, and hospitality services in Australia. The company operates through three segments: Sydney, Gold Coast, and Brisbane. It owns and operates The Star Sydney casino, which includes hotels, apartment complex, restaurants, and bars; The Star Gold Coast casino, which consists of hotel, theatre, restaurants, and bars; and Treasury casino in Brisbane that comprises hotel, restaurants, and bars.

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