Chariot (LON:CHAR) Insider Sells 1,109,670 Shares of Stock

Chariot Limited (LON:CHAR) insider Andrew R. Hockey sold 1,109,670 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of GBX 3, for a total transaction of £33,290.10.

Chariot Price Performance

LON CHAR traded down GBX 0.16 on Wednesday, hitting GBX 2.94. 3,766,629 shares of the company’s stock were exchanged, compared to its average volume of 9,489,211. The stock has a 50-day moving average of GBX 2.60 and a 200-day moving average of GBX 1.93. The company has a current ratio of 3.12, a quick ratio of 3.74 and a debt-to-equity ratio of 0.23. Chariot Limited has a 52 week low of GBX 1.10 and a 52 week high of GBX 3.40. The stock has a market cap of £84.30 million, a price-to-earnings ratio of 1.47 and a beta of 0.48.

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.