Conygar Investment (LON:CIC) Stock Passes Below 200-Day Moving Average – Here’s Why

The Conygar Investment Company PLC (LON:CIC) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 69.20 ($0.86) and traded as low as GBX 43.97 ($0.55). Conygar Investment shares last traded at GBX 43.97 ($0.55), with a volume of 1,000 shares trading hands.

Conygar Investment Price Performance

The company has a market cap of £26.24 million, a price-to-earnings ratio of -84.62 and a beta of 0.51. The company has a current ratio of 3.16, a quick ratio of 11.14 and a debt-to-equity ratio of 44.71. The company has a fifty day moving average price of GBX 55.99 and a two-hundred day moving average price of GBX 68.92.

Insider Transactions at Conygar Investment

In other Conygar Investment news, insider Robert T. E. Ware bought 65,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average cost of GBX 47 ($0.58) per share, with a total value of £30,550 ($37,950.31). 22.98% of the stock is owned by company insiders.

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.