Chariot (LON:CHAR) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Chariot Limited (LON:CHARGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.52 and traded as high as GBX 1.80. Chariot shares last traded at GBX 1.78, with a volume of 1,092,776,375 shares.

Chariot Price Performance

The company has a current ratio of 0.59, a quick ratio of 3.74 and a debt-to-equity ratio of 0.64. The company has a 50 day moving average of GBX 1.55 and a 200-day moving average of GBX 1.52. The firm has a market capitalization of £51.04 million, a P/E ratio of -0.80 and a beta of 0.48.

About Chariot

(Get Free Report)

Chariot is an Africa focused energy group with two core business streams: Upstream Oil and Gas and Renewable Power.

Chariot’s Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production opportunities as well as its ongoing exploration interests in Namibia.

Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent.

Featured Articles

Receive News & Ratings for Chariot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chariot and related companies with MarketBeat.com's FREE daily email newsletter.