Challenger Energy Group PLC (LON:CEG – Get Free Report) fell 2.7% on Tuesday . The company traded as low as GBX 9 ($0.11) and last traded at GBX 9 ($0.11). 4,488,881 shares were traded during mid-day trading, an increase of 215% from the average session volume of 1,427,099 shares. The stock had previously closed at GBX 9.25 ($0.12).
Challenger Energy Group Trading Down 1.1 %
The company has a 50-day moving average of GBX 8.36 and a 200-day moving average of GBX 6.74. The firm has a market capitalization of £27.71 million, a price-to-earnings ratio of -1.35 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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