Conygar Investment (LON:CIC) Stock Passes Below 200-Day Moving Average – Here’s What Happened

The Conygar Investment Company PLC (LON:CIC)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 69.20 ($0.86) and traded as low as GBX 43.97 ($0.54). Conygar Investment shares last traded at GBX 43.97 ($0.54), with a volume of 1,000 shares changing hands.

Conygar Investment Stock Performance

The stock has a 50-day simple moving average of GBX 56.43 and a 200-day simple moving average of GBX 69.20. The company has a debt-to-equity ratio of 44.71, a current ratio of 3.16 and a quick ratio of 11.14. The stock has a market cap of £26.22 million, a PE ratio of -84.56 and a beta of 0.51.

Insiders Place Their Bets

In other Conygar Investment news, insider Robert T. E. Ware purchased 65,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was bought at an average cost of GBX 47 ($0.58) per share, with a total value of £30,550 ($37,814.09). 22.98% of the stock is currently owned by insiders.

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.