Cadogan Energy Solutions (LON:CAD) Trading Down 12.1% – Here’s What Happened

Cadogan Energy Solutions PLC (LON:CAD) shares were down 12.1% during trading on Tuesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). Approximately 60,064 shares changed hands during trading, a decline of 65% from the average daily volume of 173,703 shares. The stock had previously closed at GBX 4.55 ($0.06).

Cadogan Energy Solutions Price Performance

The stock has a market capitalization of £10.23 million, a price-to-earnings ratio of 419.20 and a beta of 0.67. The company has a fifty day simple moving average of GBX 3.78 and a 200 day simple moving average of GBX 2.76. The company has a debt-to-equity ratio of 0.54, a quick ratio of 10.11 and a current ratio of 19.35.

Insider Transactions at Cadogan Energy Solutions

In other Cadogan Energy Solutions news, insider Michel Meeus acquired 500,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of GBX 4 ($0.05) per share, for a total transaction of £20,000 ($24,881.81). In the last ninety days, insiders acquired 13,823,651 shares of company stock valued at $67,728,255. Corporate insiders own 71.64% of the company’s stock.

About Cadogan Energy Solutions

Cadogan Energy Solutions PLC, together with its subsidiaries, engages in the exploration, development, and production of natural gas, oil, and condensate in Ukraine. It operates through Exploration and Production and Trading segments. The company holds working interest licenses in the west of Ukraine.