Conygar Investment (LON:CIC) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

The Conygar Investment Company PLC (LON:CIC) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 31.89 and traded as low as GBX 30.50. Conygar Investment shares last traded at GBX 31, with a volume of 100,733 shares traded.

Conygar Investment Stock Up 0.3%

The stock’s 50 day moving average is GBX 33.30 and its 200 day moving average is GBX 31.89. The company has a market capitalization of £18.49 million, a PE ratio of -0.95 and a beta of 0.51. The company has a debt-to-equity ratio of 90.96, a quick ratio of 11.14 and a current ratio of 0.38.

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 net margin of 632.25% and a negative return on equity of 40.74%.

Insiders Place Their Bets

In related news, insider Robert T. E. Ware acquired 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The shares were acquired at an average price of GBX 32 per share, with a total value of £32,000. Also, insider Bimaljit S. (Bim) Sandhu bought 240,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was bought at an average price of GBX 32 per share, with a total value of £76,800. 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.