Conygar Investment (LON:CIC) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Posted by ABMN Staff on Jan 3rd, 2025

The Conygar Investment Company PLC (LON:CIC – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Conygar Investment Stock Performance

The firm’s 50-day simple moving average is GBX 56.43 and its two-hundred day simple moving average is GBX 69.20. The company has a current ratio of 3.16, a quick ratio of 11.14 and a debt-to-equity ratio of 44.71. The stock has a market capitalization of £26.22 million, a PE ratio of -84.56 and a beta of 0.51.

Insider Activity

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

About Conygar Investment

(Get Free Report)

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.