Challenger Energy Group PLC (LON:CEG – Get Free Report)’s share price was up 11.9% during mid-day trading on Friday . The stock traded as high as GBX 7.59 ($0.09) and last traded at GBX 7.55 ($0.09). Approximately 2,561,153 shares changed hands during mid-day trading, an increase of 52% from the average daily volume of 1,688,509 shares. The stock had previously closed at GBX 6.75 ($0.08).
Challenger Energy Group Stock Up 8.1 %
The firm’s 50-day moving average price is GBX 5.78 and its 200-day moving average price is GBX 4.45. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.56 and a quick ratio of 0.89. The company has a market cap of £15.32 million, a price-to-earnings ratio of -16.59 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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