Conygar Investment (LON:CIC) Share Price Crosses Below Two Hundred Day Moving Average of $85.41

The Conygar Investment Company PLC (LON:CIC) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 85.41 ($1.08) and traded as low as GBX 80 ($1.01). Conygar Investment shares last traded at GBX 81 ($1.02), with a volume of 51,434 shares.

Conygar Investment Stock Down 1.0 %

The firm has a market capitalization of £47.83 million, a price-to-earnings ratio of -155.77 and a beta of 0.49. The business has a 50 day simple moving average of GBX 82.78 and a 200-day simple moving average of GBX 85.41. The company has a debt-to-equity ratio of 18.09, a quick ratio of 11.14 and a current ratio of 1.11.

Insiders Place Their Bets

In related news, insider Robert T. E. Ware bought 29,050 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was acquired at an average cost of GBX 80 ($1.01) per share, with a total value of £23,240 ($29,395.40). Corporate insiders own 23.31% of the company’s stock.

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.