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

Shares of The Conygar Investment Company PLC (LON:CIC) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 27.05 and traded as low as GBX 24.77. Conygar Investment shares last traded at GBX 24.77, with a volume of 4,282 shares.

Conygar Investment Stock Performance

The stock’s fifty day simple moving average is GBX 23.74 and its 200-day simple moving average is GBX 27.05. The company has a market capitalization of £14.78 million, a PE ratio of -1.56 and a beta of 0.47. The company has a quick ratio of 11.14, a current ratio of 0.22 and a debt-to-equity ratio of 75.98.

Conygar Investment (LON:CIC) last announced its earnings results on Friday, May 15th. The company reported GBX 21.39 earnings per share (EPS) for the quarter. Conygar Investment had a negative net margin of 29.54% and a negative return on equity of 19.67%. The company had revenue of GBX 2,112 million during the quarter.

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.