Conygar Investment (LON:CIC) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

The Conygar Investment Company PLC (LON:CIC)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 31.09 and traded as low as GBX 23.50. Conygar Investment shares last traded at GBX 23.55, with a volume of 68,864 shares.

Conygar Investment Price Performance

The company has a debt-to-equity ratio of 114.71, a current ratio of 0.20 and a quick ratio of 11.14. The stock has a market capitalization of £14.05 million, a P/E ratio of -0.72 and a beta of 0.52. The company’s 50 day simple moving average is GBX 26.14 and its two-hundred day simple moving average is GBX 31.09.

Conygar Investment (LON:CIC) last issued its quarterly earnings data on Monday, February 16th. The company reported GBX (32.78) earnings per share for the quarter. Conygar Investment had a negative return on equity of 36.90% and a negative net margin of 89.31%.

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.