Challenger Energy Group (LON:CEG) Shares Up 10.7% – Time to Buy?

Challenger Energy Group PLC (LON:CEGGet Free Report) shot up 10.7% during mid-day trading on Friday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.47 ($0.09). 2,318,637 shares were traded during mid-day trading, an increase of 48% from the average session volume of 1,567,251 shares. The stock had previously closed at GBX 6.75 ($0.08).

Challenger Energy Group Trading Up 8.1 %

The stock has a market cap of £15.32 million, a PE ratio of -16.59 and a beta of 1.53. The company has a quick ratio of 0.89, a current ratio of 0.56 and a debt-to-equity ratio of 1.97. The stock’s fifty day moving average price is GBX 5.76 and its 200 day moving average price is GBX 4.40.

Challenger Energy Group Company Profile

(Get Free Report)

Challenger Energy is a Caribbean and Americas focused oil and gas company, with a range of onshore and offshore oil and gas assets in the region. The Company’s primary focus is on its Uruguay exploration acreage and its Trinidad production business

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