Challenger Energy Group PLC (LON:CEG – Get Free Report) shares rose 1.4% on Friday . The company traded as high as GBX 8 ($0.11) and last traded at GBX 7.30 ($0.10). Approximately 250,466 shares were traded during trading, a decline of 65% from the average daily volume of 715,243 shares. The stock had previously closed at GBX 7.20 ($0.10).
Challenger Energy Group Stock Performance
The stock’s fifty day moving average is GBX 8.21 and its two-hundred day moving average is GBX 8.56. The firm has a market capitalization of £22.47 million, a price-to-earnings ratio of -1.09 and a beta of 1.53.
Challenger Energy Group Company Profile
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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