Challenger Energy Group’s (CEG) House Stock Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of Challenger Energy Group (LON:CEG) in a research note issued to investors on Tuesday, Price Targets.com reports.

Shares of CEG opened at GBX 1.38 ($0.02) on Tuesday. Challenger Energy Group has a 52-week low of GBX 1.10 ($0.01) and a 52-week high of GBX 3.40 ($0.04). The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.82 and a current ratio of 3.84. The business’s fifty day simple moving average is GBX 1.81. The firm has a market cap of £10.85 million and a PE ratio of -0.72.

Challenger Energy Group Company Profile

Challenger Energy Group PLC engages in the oil and gas exploration activities in the Caribbean and South America. The company was formerly known as Bahamas Petroleum Company plc and changed its name to Challenger Energy Group PLC in May 2021. Challenger Energy Group PLC was founded in 2005 and is headquartered in Douglas, the United Kingdom.

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