Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) rose 8.1% on Saturday . The company traded as high as GBX 7.59 ($0.09) and last traded at GBX 7.30 ($0.09). Approximately 1,136,025 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 975,945 shares. The stock had previously closed at GBX 6.75 ($0.08).
Challenger Energy Group Trading Up 8.1 %
The firm has a market capitalization of £15.32 million, a price-to-earnings ratio of -16.59 and a beta of 1.53. The company has a quick ratio of 0.89, a current ratio of 0.56 and a debt-to-equity ratio of 1.97. The business’s fifty day moving average is GBX 5.78 and its 200 day moving average is GBX 4.42.
About Challenger Energy Group
Challenger Energy is a Caribbean and Americas focused oil and gas company, with a range of onshore and offshore oil and gas assets in the region. The Company’s primary focus is on its Uruguay exploration acreage and its Trinidad production business
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