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

Shares of The Conygar Investment Company PLC (LON:CIC) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 29.03 and traded as low as GBX 23.50. Conygar Investment shares last traded at GBX 24, with a volume of 683 shares traded.

Conygar Investment Price Performance

The company has a market cap of £14.31 million, a PE ratio of -1.51 and a beta of 0.63. The company has a debt-to-equity ratio of 75.98, a quick ratio of 11.14 and a current ratio of 0.22. The stock has a 50 day moving average of GBX 23.84 and a 200-day moving average of GBX 29.03.

Conygar Investment (LON:CIC) last issued its earnings results on Friday, May 15th. The company reported GBX 21.39 earnings per share (EPS) for the quarter. The company had revenue of GBX 2,112 million during the quarter. Conygar Investment had a negative return on equity of 19.67% and a negative net margin of 29.54%.

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.