Challenger Energy Group (LON:CEG) Shares Down 4.3% – What’s Next?

Challenger Energy Group PLC (LON:CEGGet Free Report)’s share price dropped 4.3% during mid-day trading on Wednesday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 205,792 shares were traded during trading, a decline of 70% from the average daily volume of 680,899 shares. The stock had previously closed at GBX 5.75 ($0.07).

Challenger Energy Group Stock Performance

The stock has a fifty day moving average price of GBX 5.93 and a 200 day moving average price of GBX 3.23. The stock has a market cap of £12.07 million, a PE ratio of -13.07 and a beta of 1.53. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.56.

Challenger Energy Group Company Profile

(Get Free Report)

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.

Further Reading

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