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

Shares of Challenger Energy Group PLC (LON:CEGGet Free Report) traded up 9.1% during trading on Saturday . The company traded as high as GBX 10 ($0.12) and last traded at GBX 9 ($0.11). Approximately 5,488,671 shares changed hands during 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 Price Performance

The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.56. The stock has a market capitalization of £18.89 million, a PE ratio of -20.45 and a beta of 1.53. The stock’s 50 day moving average is GBX 6 and its two-hundred day moving average is GBX 4.70.

Challenger Energy Group Company Profile

(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

Featured Articles

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.