Primorus Investments (LON:PRIM) Stock Price Down 11.1% – Time to Sell?

Primorus Investments plc (LON:PRIMGet Free Report) shares were down 11.1% during trading on Thursday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). Approximately 257 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 199,190 shares. The stock had previously closed at GBX 3.60 ($0.05).

Primorus Investments Trading Down 2.8 %

The firm has a market cap of £4.89 million, a PE ratio of 5.28 and a beta of 0.96. The business has a fifty day moving average price of GBX 3.64 and a 200 day moving average price of GBX 3.58.

Insider Activity

In other news, insider Hedley Clark bought 100,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £4,000 ($5,030.18). Company insiders own 46.61% of the company’s stock.

About Primorus Investments

(Get Free Report)

Primorus Investments plc is a private equity firm specializing in buyout investments in small and mid cap firms. The firm focuses to invest in financial services, natural resources, energy, clean technology, financial technology, business technology, infrastructure, property, consultancy, brand licensing and leisure sectors.

Further Reading

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