(SGU) Star Gas Partners - Ratings and Ratios

Star Group, L.P. is a leading provider of home heating oil and propane products and services to residential and commercial customers across the United States. The companys comprehensive offerings include the sale of gasoline and diesel fuel, as well as the installation, maintenance, and repair of heating and air conditioning equipment. With a substantial customer base, Star Group serves approximately 404,600 full-service residential and commercial customers and 61,700 delivery-only customers, in addition to 26,800 customers who purchase gasoline and diesel fuel.

The companys operational scope is characterized by its diversified customer segments and geographic presence. As a seasoned player in the industry, Star Group has established a strong foundation, having been incorporated in 1995 and headquartered in Stamford, Connecticut. The companys rebranding from Star Gas Partners, L.P. to Star Group, L.P. in October 2017 reflects its evolving business strategy and commitment to adapting to changing market conditions.

Analyzing the technical data, the stocks current price is $12.18, with short-term moving averages (SMA20 and SMA50) indicating a slight downward trend. However, the long-term SMA200 suggests a bullish trend, as the stock price is above this average. The Average True Range (ATR) of 0.47 represents a 3.85% daily volatility, indicating moderate price fluctuations. Considering the 52-week high and low prices of $13.25 and $9.39, respectively, the stock is currently trading near its 52-week high, suggesting a relatively strong performance.

From a fundamental perspective, Star Groups market capitalization stands at $419.99M USD, with a price-to-earnings (P/E) ratio of 8.87, indicating a relatively undervalued stock. The Return on Equity (RoE) of 16.63% suggests a decent profitability. By combining the technical and fundamental data, a forecast can be made. Given the current technical indicators and fundamental metrics, it is likely that the stock will continue to trade within a narrow range, potentially consolidating around the $12.50 level. A breakout above the 52-week high of $13.25 could signal further upside potential, while a decline below the SMA200 at $11.72 may indicate a reversal in the long-term trend.

Based on the analysis, a potential trading strategy could involve monitoring the stocks price action around the $12.50 level, with a potential long position above $13.25 or a short position below $11.72. It is essential to continue monitoring the companys financial performance, industry trends, and macroeconomic factors to refine this forecast and adjust the trading strategy accordingly.