Conygar Investment (LON:CIC) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of The Conygar Investment Company PLC (LON:CIC) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 76.24 ($0.98) and traded as low as GBX 58.50 ($0.75). Conygar Investment shares last traded at GBX 58.50 ($0.75), with a volume of 12,666 shares trading hands.

Conygar Investment Stock Performance

The firm has a 50 day moving average price of GBX 69.01 and a 200-day moving average price of GBX 76.24. The stock has a market capitalization of £34.39 million, a PE ratio of -113.46 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.

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.