Chariot Limited (LON:CHAR – Get Free Report)’s share price shot up 15.4% on Friday. The company traded as high as GBX 3.39 and last traded at GBX 3. Approximately 14,923,831 shares traded hands during trading, an increase of 74% from the average daily volume of 8,559,016 shares. The stock had previously closed at GBX 2.60.
Chariot Stock Performance
The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 3.74. The stock has a market capitalization of £86.02 million, a P/E ratio of -0.80 and a beta of 0.48. The company has a 50 day simple moving average of GBX 2.03 and a 200-day simple moving average of GBX 1.70.
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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