Challenger Energy Group (LON:CEG) Shares Up 13.2%

Challenger Energy Group PLC (LON:CEGGet Free Report)’s stock price shot up 13.2% on Tuesday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). 201,697 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 679,254 shares. The stock had previously closed at GBX 5.30 ($0.07).

Challenger Energy Group Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 0.65. The stock has a market capitalization of £12.38 million, a price-to-earnings ratio of -66.25 and a beta of 1.53. The business’s 50 day simple moving average is GBX 3.50 and its 200-day simple moving average is GBX 1.33.

About Challenger Energy Group

(Get Free Report)

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.

Further Reading

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