Chariot (LON:CHAR) Insider Adonis Pouroulis Purchases 145,502,640 Shares

Chariot Limited (LON:CHAR) insider Adonis Pouroulis bought 145,502,640 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was acquired at an average cost of GBX 1 per share, with a total value of £1,455,026.40.

Chariot Stock Down 0.7%

CHAR traded down GBX 0.01 on Thursday, hitting GBX 1.33. 5,597,427 shares of the company were exchanged, compared to its average volume of 3,707,804. The stock’s fifty day moving average is GBX 1.49 and its 200-day moving average is GBX 1.59. Chariot Limited has a 12 month low of GBX 1.18 and a 12 month high of GBX 2.25. The company has a debt-to-equity ratio of 1.08, a quick ratio of 3.74 and a current ratio of 1.70. The company has a market cap of £36.29 million, a PE ratio of -0.67 and a beta of 0.48.

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. Chariot Transitional Power, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power.