Challenger Energy Group (LON:CEG) Shares Up 9.1% – Should You Buy?

Challenger Energy Group PLC (LON:CEG – Get Free Report)’s share price traded up 9.1% on Friday . 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 firm’s 50-day moving average price is GBX 5.94 and its two-hundred day moving average price is GBX 4.67. The firm has a market capitalization of £18.89 million, a PE ratio of -20.45 and a beta of 1.53. The company has a quick ratio of 0.89, a current ratio of 0.56 and a debt-to-equity ratio of 1.97.

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

Featured Articles

• Five stocks we like better than Challenger Energy Group
• Are Penny Stocks a Good Fit for Your Portfolio?
• Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
• ETF Screener: Uses and Step-by-Step Guide
• Why Amazon’s Next Earnings Could Trigger a Stock Breakout
• Investing In Preferred Stock vs. Common Stock
• With This Kind of Data, The Fed Isn’t Cutting Rates This Year