Challenger Energy Group (LON:CEG) Stock Price Up 8.1% – Here’s What Happened

Challenger Energy Group PLC (LON:CEGGet Free Report) shares rose 8.1% during mid-day trading on Friday . The company traded as high as GBX 7.59 ($0.09) and last traded at GBX 7.30 ($0.09). Approximately 1,136,025 shares traded hands during trading, an increase of 16% from the average daily volume of 975,945 shares. The stock had previously closed at GBX 6.75 ($0.08).

Challenger Energy Group Trading Up 8.1 %

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 stock has a market cap of £15.32 million, a P/E ratio of -16.59 and a beta of 1.53. The business’s 50 day simple moving average is GBX 5.76 and its 200 day simple moving average is GBX 4.40.

About Challenger Energy Group

(Get Free Report)

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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