Chariot (LON:CHAR) Stock Price Up 5.3% – Here’s Why

Chariot Limited (LON:CHARGet Free Report)’s stock price rose 5.3% during trading on Friday . The stock traded as high as GBX 2.70 ($0.04) and last traded at GBX 2.60 ($0.03). Approximately 2,819,176 shares traded hands during trading, a decline of 66% from the average daily volume of 8,249,551 shares. The stock had previously closed at GBX 2.47 ($0.03).

Chariot Stock Performance

The firm’s 50 day moving average price is GBX 3.67 and its 200-day moving average price is GBX 6.42. The stock has a market cap of £29.21 million, a P/E ratio of -123.75 and a beta of 0.48. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.00 and a quick ratio of 3.74.

Insider Transactions at Chariot

In other news, insider George F. Canjar bought 595,379 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were purchased at an average price of GBX 7 ($0.09) per share, for a total transaction of £41,676.53 ($54,111.31). Insiders own 17.54% of the company’s stock.

About Chariot

(Get Free Report)

Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas, Transactional Power, and Green Hydrogen segments. It holds interests in the Rissana offshore license that covers an area of approximately 8,489 square kilometers.

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