Conygar Investment (LON:CIC) Share Price Passes Below 200 Day Moving Average – What’s Next?

Shares of The Conygar Investment Company PLC (LON:CIC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 55.71 ($0.72) and traded as low as GBX 32.55 ($0.42). Conygar Investment shares last traded at GBX 32.55 ($0.42), with a volume of 30,083 shares.

Conygar Investment Trading Down 1.4 %

The firm has a market capitalization of £19.66 million, a price-to-earnings ratio of -0.63 and a beta of 0.51. The business has a 50-day moving average of GBX 39.84 and a two-hundred day moving average of GBX 55.71. The company has a quick ratio of 11.14, a current ratio of 0.38 and a debt-to-equity ratio of 90.96.

Conygar Investment (LON:CIC) last released its earnings results on Tuesday, December 17th. The company reported GBX (56.46) (($0.73)) 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%.

Insider Buying and Selling at Conygar Investment

In other news, insider Robert T. E. Ware bought 65,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of GBX 47 ($0.61) per share, for a total transaction of £30,550 ($39,552.05). Also, insider Nigel J. Hamway bought 120,000 shares of the business’s stock in a transaction dated Friday, January 10th. The stock was purchased at an average price of GBX 42 ($0.54) per share, with a total value of £50,400 ($65,251.17). Company insiders own 22.98% 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.