Challenger Energy Group (LON:CEG) Trading Up 9.1% – Time to Buy?

by · The Cerbat Gem

Challenger Energy Group PLC (LON:CEG – Get Free Report)’s stock price shot up 9.1% during mid-day trading on Saturday . 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 Performance

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 stock has a 50-day moving average price of GBX 6 and a 200-day moving average price of GBX 4.70. The company has a market capitalization 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

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