Conygar Investment (LON:CIC) Trading Up 17.6% – Here’s What Happened

The Conygar Investment Company PLC (LON:CIC) rose 17.6% on Tuesday . The company traded as high as GBX 33 ($0.45) and last traded at GBX 33 ($0.45). Approximately 197,561 shares changed hands during mid-day trading, an increase of 210% from the average daily volume of 63,655 shares. The stock had previously closed at GBX 28.05 ($0.38).

Conygar Investment Stock Performance

The company has a 50-day moving average of GBX 30.85 and a 200-day moving average of GBX 40.15. The company has a current ratio of 0.38, a quick ratio of 11.14 and a debt-to-equity ratio of 90.96. The firm has a market capitalization of £19.93 million, a price-to-earnings ratio of -0.64 and a beta of 0.51.

Conygar Investment (LON:CIC) last released its quarterly earnings data on Tuesday, May 27th. The company reported GBX 4.52 ($0.06) earnings per share (EPS) for the quarter. Conygar Investment had a negative return on equity of 40.74% and a negative net margin of 632.25%.

Insider Transactions at Conygar Investment

In other news, insider Robert T. E. Ware acquired 439,000 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were bought at an average price of GBX 32 ($0.43) per share, with a total value of £140,480 ($190,610.58). Insiders own 22.98% of the company’s stock.

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.