Argentex Group (LON:AGFX) Stock Price Up 15.2% – Here’s Why

Posted by Tech Dows on Jan 8th, 2025

Argentex Group PLC (LON:AGFX – Get Free Report)’s stock price shot up 15.2% during mid-day trading on Wednesday . The company traded as high as GBX 33.40 ($0.42) and last traded at GBX 33.40 ($0.42). 561,001 shares were traded during mid-day trading, an increase of 20% from the average session volume of 467,095 shares. The stock had previously closed at GBX 29 ($0.36).

Argentex Group Price Performance

The company has a 50-day moving average of GBX 30.03 and a 200 day moving average of GBX 31.84. The company has a quick ratio of 0.32, a current ratio of 1.56 and a debt-to-equity ratio of 26.42. The stock has a market capitalization of £39.74 million, a PE ratio of 716.00 and a beta of 1.20.

Insider Activity

In related news, insider Nigel Railton bought 693,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of GBX 31 ($0.39) per share, for a total transaction of £214,830 ($268,001.50). Company insiders own 24.75% of the company’s stock.

About Argentex Group

(Get Free Report)

As global payment and currency risk management specialists, we offer bespoke services alongside market leading technology for businesses and financial institutions. When choosing Argentex, you will benefit from competitive rates, tailored risk management solutions and the certainty that your organisation is in safe hands.

Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, Australia and the UAE.