Chariot Limited (LON:CHAR – Get Free Report) was down 5.6% on Friday . The stock traded as low as GBX 1.50 and last traded at GBX 1.50. 2,078,116 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 6,752,835 shares. The stock had previously closed at GBX 1.59.
Chariot Trading Down 5.6%
The business has a 50-day moving average price of GBX 1.55 and a 200-day moving average price of GBX 1.51. The company has a quick ratio of 3.74, a current ratio of 0.59 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of £43.15 million, a P/E ratio of -0.80 and a beta of 0.48.
About Chariot
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.
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