Chariot (LON:CHAR) Shares Up 15.8% – Here’s Why

Shares of Chariot Limited (LON:CHARGet Free Report) traded up 15.8% during mid-day trading on Thursday . The stock traded as high as GBX 2.57 ($0.03) and last traded at GBX 2.57 ($0.03). 10,133,798 shares changed hands during trading, an increase of 24% from the average session volume of 8,191,534 shares. The stock had previously closed at GBX 2.22 ($0.03).

Chariot Stock Up 14.3 %

The company has a market cap of £29.95 million, a PE ratio of -126.90 and a beta of 0.48. The business has a 50-day simple moving average of GBX 3.41 and a 200-day simple moving average of GBX 6.25. The company has a quick ratio of 3.74, a current ratio of 1.00 and a debt-to-equity ratio of 2.00.

Insider Activity

In other Chariot news, insider George F. Canjar purchased 595,379 shares of the stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average cost of GBX 7 ($0.09) per share, for a total transaction of £41,676.53 ($54,048.15). Company insiders own 17.54% of the company’s stock.

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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