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

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

Challenger Energy Group Stock Up 8.1 %

The firm’s 50 day moving average price is GBX 5.76 and its two-hundred day moving average price is GBX 4.40. The firm has a market capitalization of £15.32 million, a PE ratio of -16.59 and a beta of 1.53. The company has a quick ratio of 0.89, a current ratio of 0.56 and a debt-to-equity ratio of 1.97.

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

Read More

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.