Chariot Limited (LON:CHAR – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.51 and traded as high as GBX 1.59. Chariot shares last traded at GBX 1.50, with a volume of 309,106 shares changing hands.
Chariot Trading Up 5.3%
The company has a market capitalization of £45.30 million, a P/E ratio of -0.80 and a beta of 0.48. The company has a 50-day simple moving average of GBX 1.58 and a 200 day simple moving average of GBX 1.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.74 and a current ratio of 0.59.
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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