Conygar Investment (LON:CIC) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

The Conygar Investment Company PLC (LON:CIC)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 43.67 ($0.58) and traded as low as GBX 30.15 ($0.40). Conygar Investment shares last traded at GBX 30.15 ($0.40), with a volume of 46,638 shares.

Conygar Investment Price Performance

The company has a market cap of £18.21 million, a P/E ratio of -0.59 and a beta of 0.51. The company has a debt-to-equity ratio of 90.96, a current ratio of 0.38 and a quick ratio of 11.14. The company has a fifty day simple moving average of GBX 31.80 and a 200-day simple moving average of GBX 43.67.

Insider Activity

In related news, insider Robert T. E. Ware bought 439,000 shares of the business’s stock in a transaction on Monday, March 31st. The stock was bought at an average price of GBX 32 ($0.43) per share, for a total transaction of £140,480 ($187,581.79). 22.98% of the stock is currently owned by corporate insiders.

Conygar Investment Company Profile

The Conygar Investment Company PLC ("the Company") is incorporated in the United Kingdom and domiciled in England and Wales, is registered at Companies House under registration number 04907617, listed on the AIM market of the London Stock Exchange and limited by shares. The financial information set out in this report covers the six months to 31 March 2023, with comparative amounts shown for the six months to 31 March 2022 and the year to 30 September 2022, and includes the results and net assets of the Company and its subsidiaries, together referred to as the Group.