Chariot (LON:CHAR) Insider Adonis Pouroulis Sells 14,280,450 Shares of Company Stock

Chariot Limited (LON:CHAR) insider Adonis Pouroulis sold 14,280,450 shares of the stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of GBX 3, for a total transaction of £428,413.50.

Chariot Price Performance

LON CHAR traded down GBX 0.16 on Wednesday, reaching GBX 2.94. 3,766,629 shares of the stock traded hands, compared to its average volume of 9,489,211. The firm’s fifty day simple moving average is GBX 2.60 and its 200 day simple moving average is GBX 1.93. The company has a quick ratio of 3.74, a current ratio of 3.12 and a debt-to-equity ratio of 0.23. The company has a market cap of £84.30 million, a price-to-earnings ratio of 1.47 and a beta of 0.48. Chariot Limited has a 12 month low of GBX 1.10 and a 12 month high of GBX 3.40.

About Chariot

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.