Cadogan Energy Solutions (LON:CAD) Stock Price Up 7.1% – Still a Buy?

Shares of Cadogan Energy Solutions PLC (LON:CAD) were up 7.1% during mid-day trading on Tuesday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 114,223 shares were traded during trading, an increase of 10% from the average daily volume of 104,058 shares. The stock had previously closed at GBX 4.20 ($0.05).

Cadogan Energy Solutions Trading Up 7.1 %

The company has a current ratio of 19.35, a quick ratio of 10.11 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of £10.99 million, a PE ratio of 450.00 and a beta of 0.67. The business has a 50 day moving average price of GBX 2.83 and a 200-day moving average price of GBX 2.40.

Insiders Place Their Bets

In other news, insider Michel Meeus purchased 500,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were acquired at an average price of GBX 4 ($0.05) per share, for a total transaction of £20,000 ($25,094.10). Over the last quarter, insiders acquired 13,823,651 shares of company stock worth $67,728,255. 71.64% of the stock is owned by corporate insiders.

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.