Shares of Chariot Limited (LON:CHAR – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.51 and traded as high as GBX 1.65. Chariot shares last traded at GBX 1.59, with a volume of 4,881,571 shares changing hands.
Chariot Stock Down 0.3%
The company has a quick ratio of 3.74, a current ratio of 1.70 and a debt-to-equity ratio of 1.08. The business has a 50-day simple moving average of GBX 1.48 and a 200-day simple moving average of GBX 1.51. The stock has a market cap of £45.57 million, a P/E ratio of -0.80 and a beta of 0.48.
Insider Activity at Chariot
In related news, insider Duncan Wallace purchased 357,142 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £3,571.42. Also, insider Julian Maurice- Williams acquired 357,142 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were bought at an average cost of GBX 1 per share, with a total value of £3,571.42. Insiders bought 146,931,209 shares of company stock valued at $146,931,209 in the last quarter. Company insiders own 6.55% of the company’s stock.
About Chariot
Chariot is an Africa focused energy group with two core business streams: Upstream Oil and Gas and Renewable Power.
Chariot’s Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production opportunities as well as its ongoing exploration interests in Namibia.
Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent.
See Also
- Five stocks we like better than Chariot
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
- Workday Validates AI Flywheel: Stock Price Recovery Begins
Receive News & Ratings for Chariot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chariot and related companies with MarketBeat.com's FREE daily email newsletter.
