Chariot Limited (LON:CHAR – Get Free Report) shares were down 6.7% on Friday . The company traded as low as GBX 2.80 and last traded at GBX 2.80. 4,014,034 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 8,242,595 shares. The stock had previously closed at GBX 3.
Chariot Stock Performance
The stock has a market capitalization of £80.29 million, a price-to-earnings ratio of -0.80 and a beta of 0.48. 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 stock’s 50 day moving average is GBX 1.75 and its two-hundred day moving average is GBX 1.60.
About Chariot
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.
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