Cadogan Energy Solutions (LON:CAD) Stock Price Down 12.1% – Time to Sell?

Cadogan Energy Solutions PLC (LON:CAD) shares fell 12.1% on Tuesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). 60,064 shares changed hands during 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 Stock Performance

The firm has a market capitalization of £10.99 million, a price-to-earnings ratio of 450.00 and a beta of 0.67. The business’s 50-day simple moving average is GBX 3.88 and its two-hundred day simple moving average is GBX 2.80. 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 Buying and Selling at Cadogan Energy Solutions

In other Cadogan Energy Solutions news, insider Michel Meeus acquired 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £20,000 ($25,003.13). Insiders purchased a total of 13,823,651 shares of company stock worth $67,728,255 over the last three months. Insiders own 71.64% of the company’s stock.

About Cadogan Energy Solutions

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.