Cadogan Energy Solutions (LON:CAD) Stock Price Down 13.5% – Should You Sell?

Cadogan Energy Solutions PLC (LON:CAD)’s share price dropped 13.5% during trading on Monday . The stock traded as low as GBX 5.14 ($0.06) and last traded at GBX 5.14 ($0.06). Approximately 171,874 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 182,835 shares. The stock had previously closed at GBX 5.95 ($0.07).

Cadogan Energy Solutions Stock Down 13.5 %

The stock has a market capitalization of £15.71 million, a price-to-earnings ratio of 9.26 and a beta of 0.67. The company has a quick ratio of 10.11, a current ratio of 19.35 and a debt-to-equity ratio of 0.54. The stock has a 50 day moving average price of GBX 4.20 and a 200 day moving average price of GBX 2.93.

Insider Buying and Selling

In related news, insider Michel Meeus acquired 890,000 shares of the stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £35,600 ($44,785.51). Insiders have acquired a total of 13,823,651 shares of company stock worth $67,728,255 in the last ninety days. 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.