Chariot (LON:CHAR) Hits New 12-Month High – Should You Buy?

Chariot Limited (LON:CHARGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 3.30 and last traded at GBX 3.30, with a volume of 22882873 shares traded. The stock had previously closed at GBX 3.10.

Chariot Price Performance

The company has a current ratio of 0.59, a quick ratio of 3.74 and a debt-to-equity ratio of 0.64. The firm has a market cap of £96.06 million, a price-to-earnings ratio of -0.80 and a beta of 0.48. The stock has a 50-day moving average of GBX 1.87 and a two-hundred day moving average of GBX 1.64.

About Chariot

(Get Free Report)

Chariot is an Africa focused energy group with two core business streams: Upstream Oil and Gas and Renewable Power.

Chariot’s Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production opportunities as well as its ongoing exploration interests in Namibia.

Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent.

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