Chariot (LON:CHAR) Insider Duncan Wallace Acquires 357,142 Shares

Chariot Limited (LON:CHARGet Free Report) insider Duncan Wallace purchased 357,142 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £3,571.42.

Chariot Trading Down 0.7%

Shares of Chariot stock traded down GBX 0.01 on Thursday, hitting GBX 1.33. The stock had a trading volume of 5,597,427 shares, compared to its average volume of 3,707,804. The stock has a 50 day moving average of GBX 1.49 and a 200 day moving average of GBX 1.59. The firm has a market capitalization of £36.29 million, a P/E ratio of -0.67 and a beta of 0.48. Chariot Limited has a twelve month low of GBX 1.18 and a twelve month high of GBX 2.25. The company has a debt-to-equity ratio of 1.08, a quick ratio of 3.74 and a current ratio of 1.70.

About Chariot

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Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Transitional Power.

Chariot Transitional Gas is focussed on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power.

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