Challenger Energy Group (LON:CEG) Trading Up 11% – Still a Buy?

Shares of Challenger Energy Group PLC (LON:CEGGet Free Report) traded up 11% on Friday . The company traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.49 ($0.09). 2,276,390 shares were traded during trading, an increase of 47% from the average session volume of 1,546,128 shares. The stock had previously closed at GBX 6.75 ($0.08).

Challenger Energy Group Stock Up 8.1 %

The stock’s fifty day moving average price is GBX 5.76 and its 200 day moving average price is GBX 4.40. The company has a current ratio of 0.56, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The stock has a market cap of £15.32 million, a P/E ratio of -16.59 and a beta of 1.53.

Challenger Energy Group Company Profile

(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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