Conygar Investment (LON:CIC) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

The Conygar Investment Company PLC (LON:CIC)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 65.53 ($0.81) and traded as low as GBX 41.10 ($0.51). Conygar Investment shares last traded at GBX 41.10 ($0.51), with a volume of 32,785 shares.

Conygar Investment Stock Down 3.4 %

The company has a quick ratio of 11.14, a current ratio of 3.16 and a debt-to-equity ratio of 44.71. The firm has a market capitalization of £24.48 million, a PE ratio of -78.92 and a beta of 0.51. The business has a 50-day moving average price of GBX 50.63 and a 200-day moving average price of GBX 65.36.

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

Insider Buying and Selling

In other Conygar Investment news, insider Nigel J. Hamway acquired 120,000 shares of the stock in a transaction that occurred on Friday, January 10th. The stock was bought at an average cost of GBX 42 ($0.52) per share, for a total transaction of £50,400 ($62,046.04). Also, insider Robert T. E. Ware purchased 65,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average cost of GBX 47 ($0.58) per share, for a total transaction of £30,550 ($37,609.26). 22.98% of the stock is owned by company 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.