Cadogan Energy Solutions (LON:CAD) Stock Price Down 12.1% – What’s Next?

Cadogan Energy Solutions PLC (LON:CAD)’s share price traded down 12.1% during trading on Tuesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). 60,064 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 173,703 shares. The stock had previously closed at GBX 4.55 ($0.06).

Cadogan Energy Solutions Price Performance

The firm has a market cap of £10.23 million, a P/E ratio of 419.20 and a beta of 0.67. The business has a fifty day moving average of GBX 3.78 and a 200 day moving average of GBX 2.76. The company has a quick ratio of 10.11, a current ratio of 19.35 and a debt-to-equity ratio of 0.54.

Insider Activity

In other news, insider Michel Meeus bought 500,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £20,000 ($24,881.81). Over the last 90 days, insiders have purchased 13,823,651 shares of company stock worth $67,728,255. Company insiders own 71.64% of the company’s stock.

Cadogan Energy Solutions Company Profile

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.