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

The Conygar Investment Company PLC (LON:CIC) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 76.24 ($0.96) and traded as low as GBX 58.50 ($0.74). Conygar Investment shares last traded at GBX 58.50 ($0.74), with a volume of 12,666 shares trading hands.

Conygar Investment Stock Up 2.6 %

The firm has a 50-day moving average of GBX 68.63 and a 200 day moving average of GBX 76.09. 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 stock has a market capitalization of £34.89 million, a price-to-earnings ratio of -112.50 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.