Shares of Challenger Energy Group PLC (LON:CEG – Get Free Report) traded up 9.3% on Friday . The company traded as high as GBX 7.96 ($0.11) and last traded at GBX 7.93 ($0.11). 194,233 shares were traded during mid-day trading, a decline of 74% from the average session volume of 750,056 shares. The stock had previously closed at GBX 7.25 ($0.10).
Challenger Energy Group Trading Up 3.4%
The business has a fifty day simple moving average of GBX 8.57 and a two-hundred day simple moving average of GBX 8.34. The company has a market cap of £23.09 million, a PE ratio of -1.12 and a beta of 1.53.
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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