Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) were up 13.2% during mid-day trading on Tuesday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). Approximately 201,697 shares were traded during trading, a decline of 70% from the average daily volume of 679,254 shares. The stock had previously closed at GBX 5.30 ($0.07).
Challenger Energy Group Price Performance
The firm has a market cap of £12.17 million, a price-to-earnings ratio of -75.00 and a beta of 1.53. The business has a 50 day simple moving average of GBX 3.72 and a 200-day simple moving average of GBX 1.40. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 0.65.
About Challenger Energy Group
Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.
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