Conygar Investment (LON:CIC) Stock Price Passes Below 200 Day Moving Average – Here’s Why

The Conygar Investment Company PLC (LON:CIC) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 78.47 ($1.02) and traded as low as GBX 67 ($0.87). Conygar Investment shares last traded at GBX 69 ($0.90), with a volume of 16,258 shares.

Conygar Investment Price Performance

The firm’s fifty day simple moving average is GBX 73.52 and its 200-day simple moving average is GBX 78.24. The company has a market cap of £40.56 million, a PE ratio of -130.77 and a beta of 0.51. The company has a quick ratio of 11.14, a current ratio of 3.16 and a debt-to-equity ratio of 44.71.

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.