Conygar Investment (LON:CIC) Share Price Passes Below 200-Day Moving Average – What’s Next?

The Conygar Investment Company PLC (LON:CIC) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 30.99 ($0.42) and traded as low as GBX 27.25 ($0.37). Conygar Investment shares last traded at GBX 27.25 ($0.37), with a volume of 21,474 shares changing hands.

Conygar Investment Trading Down 0.9%

The company has a current ratio of 0.38, a quick ratio of 11.14 and a debt-to-equity ratio of 90.96. The business has a 50 day moving average of GBX 29.25 and a two-hundred day moving average of GBX 30.99. The firm has a market cap of £16.25 million, a P/E ratio of -59.89 and a beta of 0.51.

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.