Chariot Limited (LON:CHAR – Get Free Report) insider Adonis Pouroulis sold 14,280,450 shares of the company’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 value of £428,413.50.
Chariot Trading Up 2.4%
CHAR opened at GBX 2.95 on Friday. The business has a 50 day moving average of GBX 2.68 and a 200-day moving average of GBX 1.96. The company has a quick ratio of 3.74, a current ratio of 3.12 and a debt-to-equity ratio of 0.23. The stock has a market cap of £84.59 million, a PE ratio of 1.48 and a beta of 0.48. Chariot Limited has a 52 week low of GBX 1.10 and a 52 week high of GBX 3.40.
About Chariot
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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