Insider Selling: Chariot (LON:CHAR) Insider Sells £325,427.25 in Stock

Chariot Limited (LON:CHAR) insider Duncan Wallace sold 10,847,575 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 value of £325,427.25.

Chariot Trading Up 2.4%

Shares of LON:CHAR opened at GBX 2.95 on Friday. The company’s 50-day moving average price is GBX 2.68 and its two-hundred day moving average price is GBX 1.96. Chariot Limited has a one year low of GBX 1.10 and a one year high of GBX 3.40. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.12 and a quick ratio of 3.74. The stock has a market capitalization of £84.59 million, a PE ratio of 1.48 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.