Conygar Investment (LON:CIC) Share Price Passes Below Two Hundred 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 Monday . The stock has a 200-day moving average of GBX 31.89 and traded as low as GBX 30.50. Conygar Investment shares last traded at GBX 31, with a volume of 100,733 shares.

Conygar Investment Stock Performance

The company’s fifty day simple moving average is GBX 33.30 and its 200 day simple moving average is GBX 31.89. The company has a current ratio of 0.38, a quick ratio of 11.14 and a debt-to-equity ratio of 90.96. The stock has a market capitalization of £18.49 million, a P/E ratio of -0.95 and a beta of 0.51.

Conygar Investment (LON:CIC) last released its quarterly earnings results on Monday, February 16th. The company reported GBX (32.78) 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 Activity

In other Conygar Investment news, insider Robert T. E. Ware acquired 100,000 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was bought at an average price of GBX 32 per share, with a total value of £32,000. Also, insider Bimaljit S. (Bim) Sandhu acquired 240,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of GBX 32 per share, for a total transaction of £76,800. Company insiders own 25.95% of the company’s stock.

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.