Chariot Limited (LON:CHAR – Get Free Report) insider Andrew R. Hockey sold 1,109,670 shares of the firm’s stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of GBX 3, for a total transaction of £33,290.10.
Chariot Trading Down 5.2%
CHAR traded down GBX 0.16 during midday trading on Wednesday, hitting GBX 2.94. 3,766,629 shares of the company were exchanged, compared to its average volume of 9,489,211. The firm has a market capitalization of £84.30 million, a P/E ratio of 1.47 and a beta of 0.48. Chariot Limited has a 1-year low of GBX 1.10 and a 1-year high of GBX 3.40. The firm’s 50 day moving average price is GBX 2.60 and its 200-day moving average price is GBX 1.93. The company has a quick ratio of 3.74, a current ratio of 3.12 and a debt-to-equity ratio of 0.23.
Chariot Company Profile
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.
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