Cadogan Energy Solutions (LON:CAD) Shares Down 16.8% – Time to Sell?

Cadogan Energy Solutions PLC (LON:CADGet Free Report) dropped 16.8% during mid-day trading on Tuesday . The company traded as low as GBX 4.16 ($0.05) and last traded at GBX 4.16 ($0.05). Approximately 275,798 shares were traded during trading, an increase of 165% from the average daily volume of 104,058 shares. The stock had previously closed at GBX 5 ($0.06).

Cadogan Energy Solutions Trading Down 16.8 %

The firm has a market cap of £10.16 million, a P/E ratio of 550.00 and a beta of 0.67. The company has a current ratio of 19.35, a quick ratio of 10.11 and a debt-to-equity ratio of 0.54. The company’s fifty day moving average price is GBX 2.39 and its two-hundred day moving average price is GBX 2.25.

Insiders Place Their Bets

In other Cadogan Energy Solutions news, insider Michel Meeus acquired 12,433,651 shares of the business’s stock in a transaction on Friday, December 13th. The stock was purchased at an average price of GBX 5 ($0.06) per share, for a total transaction of £621,682.55 ($788,737.06). Insiders own 71.64% of the company’s stock.

Cadogan Energy Solutions Company Profile

(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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