Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) shot up 19% during trading on Tuesday . The stock traded as high as GBX 7.45 ($0.10) and last traded at GBX 6.84 ($0.09). 1,205,022 shares were traded during trading, an increase of 85% from the average session volume of 650,600 shares. The stock had previously closed at GBX 5.75 ($0.07).
Challenger Energy Group Stock Down 1.6 %
The company has a debt-to-equity ratio of 1.97, a current ratio of 0.56 and a quick ratio of 0.89. The company’s 50-day simple moving average is GBX 5.98 and its 200 day simple moving average is GBX 2.64. The firm has a market cap of £12.59 million, a P/E ratio of -14.77 and a beta of 1.53.
Challenger Energy Group Company Profile
Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.
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