Chariot (LON:CHAR) Trading Down 9.4% – Here’s What Happened

Shares of Chariot Limited (LON:CHARGet Free Report) fell 9.4% during trading on Wednesday . The stock traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.26 ($0.02). 8,392,217 shares were traded during trading, an increase of 149% from the average session volume of 3,364,091 shares. The stock had previously closed at GBX 1.39 ($0.02).

Chariot Stock Up 5.5 %

The stock has a market capitalization of £20.08 million, a P/E ratio of -1.12 and a beta of 0.48. The stock’s fifty day moving average is GBX 1.70 and its two-hundred day moving average is GBX 2.72. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.01 and a quick ratio of 3.74.

About Chariot

(Get Free Report)

Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Transitional Power.

Chariot Transitional Gas is focussed on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside.

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