Cadogan Energy Solutions (LON:CAD) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Cadogan Energy Solutions PLC (LON:CADGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.37 ($0.06) and traded as low as GBX 3.53 ($0.05). Cadogan Energy Solutions shares last traded at GBX 3.53 ($0.05), with a volume of 141,429 shares trading hands.

Cadogan Energy Solutions Trading Down 6.0%

The company has a quick ratio of 10.11, a current ratio of 19.35 and a debt-to-equity ratio of 0.54. The firm’s 50 day simple moving average is GBX 4.38 and its two-hundred day simple moving average is GBX 4.37. The stock has a market cap of £10.77 million, a P/E ratio of 6.34 and a beta of 0.67.

About Cadogan Energy Solutions

(Get Free Report)

Cadogan Energy Solutions PLC, together with its subsidiaries, engages in the exploration, development, and production of natural gas, oil, and condensate in Ukraine. It operates through Exploration and Production and Trading segments. The company holds working interest licenses in the west of Ukraine.

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