Challenger Energy Group (LON:CEG) Shares Up 11.9% – Still a Buy?

Challenger Energy Group PLC (LON:CEGGet Free Report) shot up 11.9% on Friday . The stock traded as high as GBX 7.59 ($0.09) and last traded at GBX 7.55 ($0.09). 2,561,153 shares traded hands during trading, an increase of 52% from the average session volume of 1,688,509 shares. The stock had previously closed at GBX 6.75 ($0.08).

Challenger Energy Group Price Performance

The company has a current ratio of 0.56, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of £15.32 million, a PE ratio of -16.59 and a beta of 1.53. The firm has a 50 day moving average price of GBX 5.76 and a 200 day moving average price of GBX 4.40.

Challenger Energy Group Company Profile

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Challenger Energy is a Caribbean and Americas focused oil and gas company, with a range of onshore and offshore oil and gas assets in the region. The Company’s primary focus is on its Uruguay exploration acreage and its Trinidad production business

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