Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) traded down 1.1% during trading on Thursday . The stock traded as low as GBX 8.50 ($0.11) and last traded at GBX 8.90 ($0.12). 1,198,862 shares changed hands during trading, an increase of 39% from the average session volume of 864,023 shares. The stock had previously closed at GBX 9 ($0.12).
Challenger Energy Group Price Performance
The stock has a market capitalization of £27.40 million, a PE ratio of -1.33 and a beta of 1.53. The firm’s 50 day simple moving average is GBX 9.12 and its 200 day simple moving average is GBX 8.
About Challenger Energy Group
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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