Chariot Limited (LON:CHAR – Get Free Report) traded up 15.4% during mid-day trading on Friday. The stock traded as high as GBX 3.39 and last traded at GBX 3. Approximately 14,923,831 shares traded hands during mid-day trading, an increase of 74% from the average daily volume of 8,559,016 shares. The stock had previously closed at GBX 2.60.
Chariot Price Performance
The stock has a market capitalization of £86.02 million, a P/E ratio of -0.80 and a beta of 0.48. The company has a quick ratio of 3.74, a current ratio of 0.59 and a debt-to-equity ratio of 0.64. The business’s 50 day simple moving average is GBX 2.03 and its two-hundred day simple moving average is GBX 1.70.
Chariot Company Profile
Chariot’s Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production opportunities as well as its ongoing exploration interests in Namibia.
Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent.
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