Chariot (LON:CHAR) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Chariot Limited (LON:CHAR) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.63 ($0.06) and traded as low as GBX 1.80 ($0.02). Chariot shares last traded at GBX 1.98 ($0.02), with a volume of 797,899 shares traded.

Chariot Price Performance

The firm has a 50 day moving average of GBX 2.20 and a two-hundred day moving average of GBX 4.63. The company has a market cap of £23.34 million, a PE ratio of -98.90 and a beta of 0.48. The company has a current ratio of 1.00, a quick ratio of 3.74 and a debt-to-equity ratio of 2.00.

Insider Transactions at Chariot

In other Chariot news, insider Andrew R. Hockey acquired 105,386 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average cost of GBX 2 ($0.03) per share, with a total value of £2,107.72 ($2,648.89). Insiders own 17.54% of the company’s stock.

Chariot Company Profile

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.