Insider Buying: Chariot (LON:CHAR) Insider Buys £1,455,026.40 in Stock

Chariot Limited (LON:CHAR) insider Adonis Pouroulis bought 145,502,640 shares of Chariot stock in a transaction dated Thursday, March 12th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £1,455,026.40.

Chariot Stock Up 2.7%

CHAR stock opened at GBX 1.35 on Friday. The business has a 50-day simple moving average of GBX 1.49 and a 200 day simple moving average of GBX 1.59. The company has a quick ratio of 3.74, a current ratio of 1.70 and a debt-to-equity ratio of 1.08. The company has a market cap of £36.84 million, a PE ratio of -0.68 and a beta of 0.48. Chariot Limited has a 52 week low of GBX 1.18 and a 52 week high of GBX 2.25.

Chariot Company Profile

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.