Challenger Energy Group (LON:CEG) Shares Down 3%

Shares of Challenger Energy Group PLC (LON:CEG) dropped 3% during mid-day trading on Monday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 112,598,555 shares changed hands during mid-day trading, an increase of 184% from the average daily volume of 39,595,965 shares. The stock had previously closed at GBX 0.17 ($0.00).

Challenger Energy Group Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 0.52. The company has a 50-day simple moving average of GBX 0.14 and a two-hundred day simple moving average of GBX 0.10. The stock has a market cap of £16.89 million, a price-to-earnings ratio of -8.80 and a beta of 1.32.

Challenger Energy Group Company Profile

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.