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

Shares of 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 29.03 and traded as low as GBX 23.50. Conygar Investment shares last traded at GBX 24, with a volume of 683 shares traded.

Conygar Investment Stock Performance

The stock has a market cap of £14.31 million, a price-to-earnings ratio of -1.51 and a beta of 0.63. The company has a current ratio of 0.22, a quick ratio of 11.14 and a debt-to-equity ratio of 75.98. The firm has a fifty day simple moving average of GBX 23.82 and a 200-day simple moving average of GBX 28.93.

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

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.