Challenger Energy Group (LON:CEG) Shares Up 7.2%

Challenger Energy Group PLC (LON:CEG)’s share price shot up 7.2% during mid-day trading on Tuesday . The stock traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). 54,972,355 shares were traded during trading, an increase of 49% from the average session volume of 36,944,270 shares. The stock had previously closed at GBX 0.14 ($0.00).

Challenger Energy Group Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 0.52. The business’s fifty day simple moving average is GBX 0.14 and its 200 day simple moving average is GBX 0.13. The stock has a market cap of £15.21 million, a price-to-earnings ratio of -8.80 and a beta of 1.27.

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.