Chariot (LON:CHAR) Insider Acquires £3,571.42 in Stock

Chariot Limited (LON:CHAR) insider Duncan Wallace acquired 357,142 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £3,571.42.

Chariot Trading Up 2.7%

CHAR stock opened at GBX 1.35 on Friday. Chariot Limited has a 1-year low of GBX 1.18 and a 1-year high of GBX 2.25. The company has a current ratio of 1.70, a quick ratio of 3.74 and a debt-to-equity ratio of 1.08. The business’s 50 day moving average is GBX 1.49 and its 200-day moving average is GBX 1.59. The firm has a market cap of £36.84 million, a P/E ratio of -0.68 and a beta of 0.48.

Chariot Company Profile

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.