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

The Conygar Investment Company PLC (LON:CIC)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 59.24 ($0.75) and traded as low as GBX 38.42 ($0.49). Conygar Investment shares last traded at GBX 38.42 ($0.49), with a volume of 6,447 shares trading hands.

Conygar Investment Stock Performance

The company has a debt-to-equity ratio of 90.96, a quick ratio of 11.14 and a current ratio of 0.38. The company has a market capitalization of £23.55 million, a P/E ratio of -0.76 and a beta of 0.51. The business has a 50 day moving average of GBX 42.45 and a 200-day moving average of GBX 59.11.

Conygar Investment (LON:CIC) last announced its earnings results on Tuesday, December 17th. The company reported GBX (56.46) (($0.71)) earnings per share for the quarter. Conygar Investment had a negative return on equity of 40.74% and a negative net margin of 632.25%.

Insiders Place Their Bets

In other Conygar Investment news, insider Nigel J. Hamway bought 120,000 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were acquired at an average cost of GBX 42 ($0.53) per share, for a total transaction of £50,400 ($63,676.56). Also, insider Robert T. E. Ware bought 65,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of GBX 47 ($0.59) per share, for a total transaction of £30,550 ($38,597.60). Corporate insiders own 22.98% 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.