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

The Conygar Investment Company PLC (LON:CIC)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

Conygar Investment Price Performance

The business has a fifty day moving average price of GBX 73.88 and a 200 day moving average price of GBX 78.47. The company has a debt-to-equity ratio of 44.71, a current ratio of 3.16 and a quick ratio of 11.14. The company has a market capitalization of £41.15 million, a price-to-earnings ratio of -132.69 and a beta of 0.51.

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.