Challenger Energy Group PLC (LON:CEG – Get Free Report) shares shot up 9.1% during trading on Friday . The company traded as high as GBX 10 ($0.12) and last traded at GBX 9 ($0.11). 5,488,671 shares changed hands during mid-day trading, an increase of 141% from the average session volume of 2,272,807 shares. The stock had previously closed at GBX 8.25 ($0.10).
Challenger Energy Group Trading Up 9.1 %
The company has a current ratio of 0.56, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The business has a 50 day simple moving average of GBX 6 and a two-hundred day simple moving average of GBX 4.73. The stock has a market cap of £18.89 million, a price-to-earnings ratio of -20.45 and a beta of 1.53.
About Challenger Energy Group
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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