Conygar Investment (LON:CIC) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

The Conygar Investment Company PLC (LON:CIC)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 26.26 and traded as low as GBX 24.65. Conygar Investment shares last traded at GBX 24.65, with a volume of 35,093 shares traded.

Conygar Investment Price Performance

The stock’s 50-day moving average is GBX 24.02 and its 200 day moving average is GBX 26.20. The company has a debt-to-equity ratio of 75.98, a current ratio of 0.22 and a quick ratio of 11.14. The company has a market cap of £14.73 million, a PE ratio of -1.55 and a beta of 0.47.

Conygar Investment (LON:CIC) last released its quarterly earnings results on Friday, May 15th. The company reported GBX 21.39 earnings per share (EPS) for the quarter. The business had revenue of GBX 2,112 million for the quarter. Conygar Investment had a negative net margin of 29.54% and a negative return on equity of 19.67%.

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.