Chariot (LON:CHAR) Shares Down 9.3% – Here’s Why

Chariot Limited (LON:CHARGet Free Report)’s stock price was down 9.3% on Monday . The stock traded as low as GBX 1.75 ($0.02) and last traded at GBX 1.75 ($0.02). Approximately 1,063,179 shares traded hands during trading, a decline of 87% from the average daily volume of 8,006,305 shares. The stock had previously closed at GBX 1.93 ($0.02).

Chariot Stock Down 10.9 %

The company has a market cap of £20.31 million, a P/E ratio of -91.40 and a beta of 0.48. The company’s 50-day moving average is GBX 2.10 and its two-hundred day moving average is GBX 5.44. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.00 and a quick ratio of 3.74.

Insiders Place Their Bets

In other news, insider Andrew R. Hockey acquired 105,386 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average price of GBX 2 ($0.03) per share, with a total value of £2,107.72 ($2,654.22). Corporate insiders own 17.54% of the company’s stock.

About Chariot

(Get Free Report)

Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas, Transactional Power, and Green Hydrogen segments. It holds interests in the Rissana offshore license that covers an area of approximately 8,489 square kilometers.

Featured Articles

Receive News & Ratings for Chariot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chariot and related companies with MarketBeat.com's FREE daily email newsletter.