Cadogan Energy Solutions (LON:CAD) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Cadogan Energy Solutions PLC (LON:CAD) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 3.01 ($0.04) and traded as high as GBX 4.48 ($0.06). Cadogan Energy Solutions shares last traded at GBX 4.48 ($0.06), with a volume of 73,276 shares changing hands.

Cadogan Energy Solutions Trading Up 5.3 %

The firm has a market capitalization of £10.92 million, a P/E ratio of 447.50 and a beta of 0.67. The firm has a fifty day simple moving average of GBX 3.01 and a two-hundred day simple moving average of GBX 2.47. The company has a debt-to-equity ratio of 0.54, a current ratio of 19.35 and a quick ratio of 10.11.

Insider Buying and Selling at Cadogan Energy Solutions

In other news, insider Michel Meeus bought 12,433,651 shares of the stock in a transaction on Friday, December 13th. The shares were purchased at an average cost of GBX 5 ($0.06) per share, for a total transaction of £621,682.55 ($775,552.08). Insiders have bought a total of 13,823,651 shares of company stock worth $67,728,255 over the last ninety days. 71.64% of the stock is currently owned by company 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.