Chariot (LON:CHAR) Stock Price Up 10.1% – Here’s What Happened

Chariot Limited (LON:CHARGet Free Report) shares rose 10.1% on Friday . The company traded as high as GBX 1.77 ($0.02) and last traded at GBX 1.77 ($0.02). Approximately 4,985,112 shares traded hands during trading, an increase of 56% from the average daily volume of 3,192,780 shares. The stock had previously closed at GBX 1.61 ($0.02).

Chariot Stock Performance

The stock’s 50-day moving average price is GBX 1.82 and its 200-day moving average price is GBX 3.26. The company has a market cap of £19.18 million, a P/E ratio of -81.25 and a beta of 0.48. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.00 and a quick ratio of 3.74.

Chariot Company Profile

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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.

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