Chariot Limited (LON:CHAR – Get Free Report) dropped 10.8% during mid-day trading on Friday . The company traded as low as GBX 2.75 and last traded at GBX 2.90. 22,824,477 shares traded hands during trading, an increase of 169% from the average daily volume of 8,487,888 shares. The stock had previously closed at GBX 3.25.
Chariot Price Performance
The company’s 50 day moving average price is GBX 1.91 and its 200 day moving average price is GBX 1.66. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.74 and a current ratio of 0.59. The company has a market cap of £83.15 million, a price-to-earnings ratio of -0.80 and a beta of 0.48.
Chariot Company Profile
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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