Challenger Energy Group (LON:CEG) Stock Price Down 3.8%

Challenger Energy Group PLC (LON:CEGGet Rating)’s stock price dropped 3.8% during trading on Thursday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 22,182,521 shares changed hands during trading, a decline of 56% from the average daily volume of 50,563,242 shares. The stock had previously closed at GBX 0.11 ($0.00).

The firm has a market capitalization of £10.10 million and a PE ratio of -0.02. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.54 and a quick ratio of 0.50. The stock’s 50-day moving average price is GBX 0.10 and its 200 day moving average price is GBX 0.21.

Challenger Energy Group Company Profile (LON:CEG)

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of 14 assets located in Trinidad and Tobago, Suriname, and the Bahamas. The company was formerly known as Bahamas Petroleum Company plc and changed its name to Challenger Energy Group PLC in May 2021.

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