Cadogan Energy Solutions (LON:CAD) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Cadogan Energy Solutions PLC (LON:CAD)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 3.01 ($0.04) and traded as high as GBX 4.48 ($0.06). Cadogan Energy Solutions shares last traded at GBX 4.48 ($0.06), with a volume of 73,276 shares traded.

Cadogan Energy Solutions Price Performance

The company has a current ratio of 19.35, a quick ratio of 10.11 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average of GBX 3.09 and a 200 day moving average of GBX 2.50. The firm has a market capitalization of £10.19 million, a PE ratio of 417.50 and a beta of 0.67.

Insider Transactions at Cadogan Energy Solutions

In other Cadogan Energy Solutions news, insider Michel Meeus bought 890,000 shares of Cadogan Energy Solutions stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of GBX 4 ($0.05) per share, with a total value of £35,600 ($43,804.60). Insiders bought a total of 13,823,651 shares of company stock worth $67,728,255 in the last quarter. 71.64% of the stock is currently owned by corporate insiders.

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.