Chariot (LON:CHAR) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Chariot Limited (LON:CHARGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.63 ($0.06) and traded as low as GBX 1.80 ($0.02). Chariot shares last traded at GBX 1.98 ($0.02), with a volume of 797,899 shares.

Chariot Stock Performance

The company has a current ratio of 1.00, a quick ratio of 3.74 and a debt-to-equity ratio of 2.00. The stock has a market capitalization of £23.34 million, a PE ratio of -98.90 and a beta of 0.48. The firm’s 50-day simple moving average is GBX 2.20 and its two-hundred day simple moving average is GBX 4.63.

Insider Buying and Selling

In other news, insider Andrew R. Hockey bought 105,386 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £2,107.72 ($2,648.89). 17.54% of the stock is currently owned by corporate insiders.

Chariot Company Profile

(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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