Chariot Limited (LON:CHAR – Get Free Report) shares shot up 29.2% during mid-day trading on Tuesday . The company traded as high as GBX 2.30 and last traded at GBX 2.30. 102,193,938 shares changed hands during mid-day trading, an increase of 1,307% from the average session volume of 7,264,268 shares. The stock had previously closed at GBX 1.78.
Chariot Trading Up 29.2%
The stock has a market capitalization of £65.95 million, a price-to-earnings ratio of -0.80 and a beta of 0.48. The company’s 50 day moving average is GBX 1.56 and its 200 day moving average is GBX 1.52. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.74 and a current ratio of 0.59.
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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