Cadogan Energy Solutions (LON:CAD) Stock Crosses Above 50-Day Moving Average – Here’s Why

Cadogan Energy Solutions PLC (LON:CAD)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 3.83 and traded as high as GBX 4.25. Cadogan Energy Solutions shares last traded at GBX 4.08, with a volume of 218 shares.

Cadogan Energy Solutions Stock Performance

The stock’s 50-day simple moving average is GBX 3.83 and its 200-day simple moving average is GBX 3.65. The stock has a market cap of £10.25 million, a price-to-earnings ratio of -1.81 and a beta of 0.67. The company has a current ratio of 19.35, a quick ratio of 10.11 and a debt-to-equity ratio of 0.54.

Cadogan Energy Solutions Company Profile

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. It also imports natural gas; and purchases and sells natural gas. The company was formerly known as Cadogan Petroleum plc. Cadogan Energy Solutions PLC was incorporated in 2004 and is based in London, the United Kingdom.