Challenger Energy Group (LON:CEG) Shares Up 8.1% – Here’s Why

Challenger Energy Group PLC (LON:CEGGet Free Report) shares shot up 8.1% during trading on Friday . The company traded as high as GBX 7.59 ($0.09) and last traded at GBX 7.30 ($0.09). 1,136,025 shares traded hands during trading, an increase of 16% from the average session volume of 975,945 shares. The stock had previously closed at GBX 6.75 ($0.08).

Challenger Energy Group Price Performance

The business has a 50-day moving average price of GBX 5.76 and a 200 day moving average price of GBX 4.40. The company has a market cap of £15.32 million, a price-to-earnings ratio of -16.59 and a beta of 1.53. The company has a current ratio of 0.56, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97.

Challenger Energy Group Company Profile

(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

See Also

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.