Conygar Investment (LON:CIC) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of The Conygar Investment Company PLC (LON:CIC) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 31.12 and traded as low as GBX 23. Conygar Investment shares last traded at GBX 23.20, with a volume of 20,045 shares changing hands.

Conygar Investment Price Performance

The company has a market capitalization of £13.84 million, a PE ratio of -0.71 and a beta of 0.52. The firm has a fifty day moving average of GBX 26.89 and a two-hundred day moving average of GBX 31.12. The company has a current ratio of 0.20, a quick ratio of 11.14 and a debt-to-equity ratio of 114.71.

Conygar Investment (LON:CIC) last released its quarterly earnings data on Monday, February 16th. The company reported GBX (32.78) earnings per share for the quarter. Conygar Investment had a negative return on equity of 36.90% and a negative net margin of 89.31%.

Insiders Place Their Bets

In other Conygar Investment news, insider Bimaljit S. (Bim) Sandhu acquired 240,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was acquired at an average price of GBX 32 per share, for a total transaction of £76,800. Company insiders own 25.95% of the company’s stock.

About Conygar Investment

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.