Chariot Limited (LON:CHAR – Get Free Report) shares shot up 15.8% during trading on Thursday . The company 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 Down 15.2 %
The company has a debt-to-equity ratio of 2.00, a current ratio of 1.00 and a quick ratio of 3.74. The business has a fifty day moving average of GBX 3.25 and a 200 day moving average of GBX 6.20. The stock has a market capitalization of £26.02 million, a price-to-earnings ratio of -110.25 and a beta of 0.48.
Insiders Place Their Bets
In related news, insider George F. Canjar acquired 595,379 shares of the business’s stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average price 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.
Chariot Company Profile
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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