Challenger Energy Group (LON:CEG) Trading Down 7.8% – Should You Sell?

Challenger Energy Group PLC (LON:CEGGet Free Report) shares fell 7.8% during mid-day trading on Friday . The stock traded as low as GBX 5.75 ($0.08) and last traded at GBX 5.88 ($0.08). 118,610 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 658,742 shares. The stock had previously closed at GBX 6.38 ($0.08).

Challenger Energy Group Price Performance

The stock has a market capitalization of £12.33 million, a PE ratio of -91.07 and a beta of 1.53. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.89. The stock’s fifty day moving average is GBX 5.69 and its 200-day moving average is GBX 2.07.

About Challenger Energy Group

(Get Free Report)

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.

Further Reading

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