Chariot Limited (LON:CHAR – Get Free Report)’s share price dropped 14.7% during trading on Tuesday . The stock traded as low as GBX 2.72 ($0.04) and last traded at GBX 2.85 ($0.04). Approximately 26,423,275 shares were traded during mid-day trading, an increase of 230% from the average daily volume of 8,003,602 shares. The stock had previously closed at GBX 3.34 ($0.04).
Chariot Stock Up 0.9 %
The company has a debt-to-equity ratio of 2.00, a quick ratio of 3.74 and a current ratio of 1.00. The business’s 50 day moving average price is GBX 4.24 and its 200 day moving average price is GBX 6.68. The firm has a market cap of £34.35 million, a price-to-earnings ratio of -144.25 and a beta of 0.48.
Insider Buying and Selling at Chariot
In other news, insider George F. Canjar bought 595,379 shares of the stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average cost of GBX 7 ($0.09) per share, with a total value of £41,676.53 ($54,422.21). 17.54% of the stock is owned by corporate insiders.
About Chariot
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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