Chariot (LON:CHAR) Insider Duncan Wallace Buys 357,142 Shares of Stock

Chariot Limited (LON:CHAR) insider Duncan Wallace acquired 357,142 shares of the stock in a transaction dated Thursday, March 12th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £3,571.42.

Chariot Stock Performance

LON CHAR opened at GBX 1.33 on Friday. The company has a quick ratio of 3.74, a current ratio of 1.70 and a debt-to-equity ratio of 1.08. Chariot Limited has a twelve month low of GBX 1.18 and a twelve month high of GBX 2.25. The business has a 50-day moving average price of GBX 1.49 and a 200-day moving average price of GBX 1.59. The firm has a market cap of £36.40 million, a price-to-earnings ratio of -0.67 and a beta of 0.48.

Chariot Company Profile

Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Transitional Power.

Chariot Transitional Gas is focussed on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power.