Challenger Energy Group (LON:CEG) Shares Down 2.7% – Here’s What Happened

by · The Markets Daily

Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) fell 2.7% on Wednesday . The stock traded as low as GBX 9 ($0.12) and last traded at GBX 9 ($0.12). 84,073 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 1,046,736 shares. The stock had previously closed at GBX 9.25 ($0.12).

Challenger Energy Group Stock Down 2.2 %

The stock’s 50 day moving average is GBX 9.23 and its two-hundred day moving average is GBX 7.09. The company has a market capitalization of £27.86 million, a PE ratio of -1.35 and a beta of 1.53.

About Challenger Energy Group

(Get Free Report)

Challenger Energy focuses on high impact, globally material assets. Its flagship assets are in Uruguay, a new global exploration hotspot, where they have assets with multiple billion-barrel prospects. The Company holds two high impact offshore exploration licences (AREA OFF-1 and AREA OFF-3), totalling 19,000km2 (gross), making it one of the largest acreage holder offshore Uruguay, and is the only junior with a position in this exciting new exploration province.

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