Chariot Limited (LON:CHAR) Insider Duncan Wallace Buys 1,428,571 Shares

Chariot Limited (LON:CHAR) insider Duncan Wallace bought 1,428,571 shares of the company’s stock in a transaction that occurred on Thursday, June 19th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £14,285.71 ($19,211.55).

Chariot Stock Up 2.1%

Shares of LON CHAR opened at GBX 1.48 ($0.02) on Friday. The business has a 50-day moving average of GBX 1.47 and a two-hundred day moving average of GBX 1.59. The company has a market capitalization of £22.37 million, a price-to-earnings ratio of -1.25 and a beta of 0.48. Chariot Limited has a 1 year low of GBX 1.18 ($0.02) and a 1 year high of GBX 8 ($0.11). The company has a debt-to-equity ratio of 2.00, a current ratio of 1.01 and a quick ratio of 3.74.

About Chariot

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.