Chariot Limited (LON:CHAR – Get Free Report) shot 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 traded hands during mid-day 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 Performance
The business’s 50-day moving average is GBX 3.41 and its 200-day moving average is GBX 6.25. 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 company has a market capitalization of £29.95 million, a PE ratio of -126.90 and a beta of 0.48.
Insider Buying and Selling
In other Chariot news, insider George F. Canjar purchased 595,379 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average cost of GBX 7 ($0.09) per share, with a total value of £41,676.53 ($54,048.15). 17.54% of the stock is owned by 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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