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

The Conygar Investment Company PLC (LON:CIC)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 63.97 ($0.80) and traded as low as GBX 40.93 ($0.51). Conygar Investment shares last traded at GBX 41 ($0.51), with a volume of 28,165 shares changing hands.

Conygar Investment Trading Up 1.9 %

The firm has a market capitalization of £25.23 million, a price-to-earnings ratio of -81.35 and a beta of 0.51. The company has a debt-to-equity ratio of 44.71, a quick ratio of 11.14 and a current ratio of 3.16. The company has a 50 day moving average price of GBX 48.84 and a two-hundred day moving average price of GBX 63.97.

Conygar Investment (LON:CIC) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX (56.46) (($0.70)) earnings per share for the quarter.

Insider Buying and Selling

In other Conygar Investment news, insider Robert T. E. Ware purchased 65,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average cost of GBX 47 ($0.58) per share, for a total transaction of £30,550 ($38,011.70). Also, insider Nigel J. Hamway acquired 120,000 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The shares were acquired at an average cost of GBX 42 ($0.52) per share, with a total value of £50,400 ($62,709.97). 22.98% of the stock is currently owned by 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.