Chariot (LON:CHAR) Stock: Insider Duncan Wallace Sells 10,847,575 Shares

Chariot Limited (LON:CHAR) insider Duncan Wallace sold 10,847,575 shares of the business’s stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of GBX 3, for a total transaction of £325,427.25.

Chariot Stock Performance

Shares of CHAR stock traded down GBX 0.16 on Wednesday, reaching GBX 2.94. The stock had a trading volume of 3,766,629 shares, compared to its average volume of 9,489,211. Chariot Limited has a 12 month low of GBX 1.10 and a 12 month high of GBX 3.40. The firm has a market capitalization of £84.30 million, a price-to-earnings ratio of 1.47 and a beta of 0.48. The firm’s 50-day moving average is GBX 2.60 and its two-hundred day moving average is GBX 1.93. The company has a quick ratio of 3.74, a current ratio of 3.12 and a debt-to-equity ratio of 0.23.

About Chariot

Chariot is an Africa focused energy group with two core business streams: Upstream Oil and Gas and Renewable Power.

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.