Challenger Energy Group (LON:CEG) Shares Up 9.1% – Here’s Why

Challenger Energy Group PLC (LON:CEGGet Free Report) shares traded up 9.1% on Friday . The stock traded as high as GBX 10 ($0.12) and last traded at GBX 9 ($0.11). 5,488,671 shares were traded during mid-day trading, an increase of 141% from the average session volume of 2,272,807 shares. The stock had previously closed at GBX 8.25 ($0.10).

Challenger Energy Group Stock Up 9.1 %

The stock has a fifty day moving average of GBX 6 and a two-hundred day moving average of GBX 4.70. The company has a quick ratio of 0.89, a current ratio of 0.56 and a debt-to-equity ratio of 1.97. The stock has a market cap of £18.89 million, a price-to-earnings ratio of -20.45 and a beta of 1.53.

About Challenger Energy Group

(Get Free Report)

Challenger Energy is a Caribbean and Americas focused oil and gas company, with a range of onshore and offshore oil and gas assets in the region. The Company’s primary focus is on its Uruguay exploration acreage and its Trinidad production business

Further Reading

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