Chariot (LON:CHAR) Trading Up 2.1% – Here’s What Happened

Shares of Chariot Limited (LON:CHAR) rose 2.1% on Thursday . The company traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.32 ($0.02). Approximately 278,128 shares changed hands during trading, a decline of 92% from the average daily volume of 3,313,007 shares. The stock had previously closed at GBX 1.29 ($0.02).

Chariot Trading Up 5.1 %

The business’s 50-day simple moving average is GBX 1.49 and its two-hundred day simple moving average is GBX 1.81. The stock has a market capitalization of £23.42 million, a price-to-earnings ratio of -1.31 and a beta of 0.48. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.01 and a quick ratio of 3.74.

About Chariot

Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Transitional Power.

Chariot Transitional Gas is focussed on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside.