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

The Conygar Investment Company PLC (LON:CIC)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 25.92 and traded as low as GBX 24.50. Conygar Investment shares last traded at GBX 24.70, with a volume of 2,004 shares trading hands.

Conygar Investment Stock Up 0.8%

The firm has a 50 day simple moving average of GBX 24.16 and a two-hundred day simple moving average of GBX 25.86. The company has a quick ratio of 11.14, a current ratio of 0.22 and a debt-to-equity ratio of 75.98. The stock has a market capitalization of £14.73 million, a P/E ratio of -1.55 and a beta of 0.47.

Conygar Investment Company Profile

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.